The Central Bank of Kenya (CBK) is revising the legal and regulatory framework governing the microfinance banking sub-sector in Kenya to ensure it is up to date and relevant to the sub-sector’s dynamic operating environment. In this regard, CBK is currently conducting a review of the Microfinance Act, 2006 and Regulations, 2008. Following stakeholder consultations in the last quarter of 2017, CBK has developed a consultative document on the proposed amendments to the Microfinance Act, 2006 and Regulations, 2008. In line with the constitutional requirement on public consultations, CBK is releasing the consultative document for public review and further input which will be considered in developing the paper further and determining the necessary amendments.
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