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Digital lenders accuse Central Bank of overstepping mandate

Immaculate Kassait, Data Commissioner Kevin Mutiso, Chair Digital Financial Services Association of Kenya during a stakeholders meeting with players in the digital finance space on compliance and regulations.[Wilberforce Okwiri,Standard]

Digital lenders in Kenya, under the Digital Financial Services Association of Kenya (DFSAK), have accused the Central Bank of Kenya (CBK) of overstepping its authority by regulating their customer data management.

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