Regulation 2022 status not recorded
The Central Bank of Kenya (Digital Credit Providers) Regulations, 2022 (Legal Notice No. 46)
Issued by Central Bank of Kenya
Plain-English summary
Made on 14 March 2022 and gazetted on 18 March 2022 under section 57 of the CBK Act. Requires a CBK licence for digital credit business (reg. 4), bars deposit-taking (reg. 8(2)), sets consumer protection rules on affordability checks, recovery limits and debt collection conduct (regs. 17-29) and customer data handling (regs. 13-15, 24, 26).
Who it applies to
NBFC / Non-bank Lending · Payments & Fintech
Topics
Conduct & Consumer Protection Payments & Fintech / Digital Assets
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