2022-03-21

Central Bank of Kenya (Digital Credit Providers) Regulations 2022

The Central Bank of Kenya Act establishes regulations for digital credit providers, including licensing requirements, business operations, consumer protection, and enforcement actions. Applicants must submit detailed information about their business, shareholders, and officers, with an emphasis on transparency and consumer protection. The Central Bank of Kenya has the authority to inspect, audit, and monitor licensed digital credit providers, and can impose sanctions for non-compliance.

Kenya

Central Bank of Kenya

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