Central Bank Of Kenya building on Haileselasie Road, Nairobi. [Wilberforce Okwiri, Standard]
CBK will not extend licensing deadline
Business
By
Moses Omusolo
| May 18, 2022
Digital credit providers that will not have applied for licensing by September 17 this year risk State sanctions.
The Central Bank of Kenya (CBK) said yesterday the deadline for compliance with the Digital Credit Providers Regulations (2022) will not be extended.
“The purpose of this announcement is to remind all currently unregulated DCPs that have yet to apply for licensing, that they now have four months to the September 17, 2022, deadline," said the regulator.
READ MORE
Government splashes Sh100m for comfort zones in counties
Rethink data policies to increase internet access, ICT players tell State
Kenya leads global push to raise Sh322tr from climate taxes
Harambee Sacco eyes Sh4bn in member's capital expansion share drive
End of an era: Hilton finally up for sale, taking with it nostalgic city memories
Civil servants face the axe as Ruto seeks to ease ballooning wage bill
Total Energies to pay businessman Sh4 million
Kenya to miss growth target on budget gaps and revenue leaks
Share this story
- Government splashes Sh100m for comfort zones in counties
- Chief of Defence Forces Francis Ogolla dies in KDF chopper crash
- Zuchu puts Diamond on the spot with marriage proposal at live event
- All set for Japanese used car auction at Naivasha's dry port