Laws and Regulations – CIS Kenya

The CBK (Digital Credit Providers) Regulations-2022

Wallace Macharia — Mon, 01 Aug 2022 12:18:05 +0000

The Central Bank of Kenya (Digital Credit Providers) Regulations, 2022, were gazetted on March 18, 2022. The Regulations, which are now operational, provide for the licensing and oversight of previously unregulated Digital Credit Providers (DCPs) by CBK. You can access the CBK (Digital Credit Providers) Regulations 2022 here

Approved Code of Conduct by CBK

Job Mariga — Tue, 18 May 2021 07:46:00 +0000

Approved by the Central Bank of Kenya under Regulation 24 (8) of the Banking (Credit Reference Bureau) Regulations, 2020 on 18th May, 2021 Download

CRB Regulations 2020

Wallace Macharia — Fri, 17 Apr 2020 11:25:51 +0000

CRB Regulations 2020…..to download please use this link … Download

Data Protection Act, 2019

Job Mariga — Thu, 19 Sep 2019 07:42:43 +0000

The Data Protection Act was enacted in 2019. Members of CIS Kenya have been provided with summary of requirements as well as the roles each of their department is expected to take to ensure compliance. Members are encouraged to read and understand the full Act to ensure they are protected from legal risks that may arise on non-compliance. link

CREDIT REFERENCE BUREAU REGULATIONS, 2013

admin — Wed, 14 Nov 2018 08:19:55 +0000

The Credit Reference Bureau Regulations, 2013 operationalise Section 31 of the Banking Act and Section 34 of the Microfinance Act. Through this Commercial and Microfinance Banks are mandated to submit both Positive and Negative information on the performance of the credit facilities extended to its customers.

Download the CREDIT REFERENCE BUREAU REGULATIONS, 2013

THE MICROFINANCE (DEPOSIT- TAKING MICROFINANCE INSTITUTIONS) REGULATIONS, 2008

admin — Wed, 14 Nov 2018 08:18:15 +0000

The Microfinance Regulations were released to operationalise the Microfinance Act (2006).The regulations prescribe how licensing of the Microfinance Institutions is to be conducted, how to provision, classification of credit facilities and many other on conducting the microfinance business.

Download THE MICROFINANCE (DEPOSIT- TAKING MICROFINANCE INSTITUTIONS) REGULATIONS, 2008

CO-OPERATIVE SOCIETIES ACT

admin — Wed, 14 Nov 2018 08:13:40 +0000

The Cooperative Act is the piece of legislation that governs the operations of the Cooperative Societies in Kenya.