Payment Systems, Uncategorized
Pursuant to Section 31(2) (b) of the National Payment System Act, 2011 which empowers the Central Bank of Kenya to issue Directives and Guidelines, the CBK has developed a Cybersecurity Guideline for Payment Service Providers (PSPs). The objective is to create a safer...
Monetary Policy, Uncategorized
The Monetary Policy Committee retained the Central Bank Rate (CBR) at 9.50 percent at its May 28, 2018 meeting. Read more…
Banking Sector, Uncategorized
The Central Bank of Kenya has issued a Guidance Note on conducting money laundering (ML) and terrorism financing (TF) risk assessment by banking institutions. The Guidance Note clarifies the regulatory requirements under Kenya’s Anti-Money Laundering and Combating...
