Regulations and Guidelines

Regulations and Guidelines Pursuant to the Banking Act (Cap 488)

Regulations and Guidelines issued by the Central Bank of Kenya subject banks to certain requirements, restrictions and guidelines. This regulatory structure creates transparency between banking institutions and the individuals and corporations with whom they conduct business, among other things.

Given the interconnectedness of the banking industry and the reliance that the national (and global) economy hold on banks, it is important for regulatory agencies to maintain control over the standardized practices of these institutions.The objectives of these  regulations are:

  • Prudential—to reduce the level of risk to which bank creditors are exposed (i.e. to protect depositors)
  • Systemic risk reduction—to reduce the risk of disruption resulting from adverse trading conditions for banks causing multiple or major bank failures
  • Avoid misuse of banks—to reduce the risk of banks being used for criminal purposes, e.g. laundering the proceeds of crime
  • To protect banking confidentiality Credit allocation—to direct credit to favored sectors to provide the best customer service in this competitive age.
Below, you will find a list of current and past regulations and guidelines issued by the Central Bank of Kenya.
 
 
Regulations and Guidelines Pursuant to the Kenya Deposit Insurance Act 2012
Regulations and Guidelines Pursuant to the Microfinance Act 2006
Regulations and Guidelines Pursuant to the Central Bank of Kenya Act (Cap 491)

Previous legislation

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