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Regulators tighten noose on defaulters with pact on data sharing

Cabinet Secretary Henry Rotich (right) wants state regulatory agencies  to increase the exchange of supervisory information. [PHOTO: FILE]

By NICHOLAS WAITATHU

Regulators are closing in on loan defaulters and dodgy institutions. This follows signing of a Memorandum of Understanding (MOU) last week in Mombasa by five regulators in the financial sector.

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