On April 8, 2020, new regulations came into force for Credit Reference Bureaus (CRBs) and Kenya’s Credit Information Sharing (CIS) system, refreshing the framework that has been in place since 2013.
The regulations provide for the licensing and supervision of CRBs by Central Bank of Kenya (CBK), and importantly, a framework for the exchange of borrowers’ credit information between lenders and CRBs.