Qantid

Kenya

Currency
KES
Services available
5
Obligations tracked
0

Regulatory landscape

Kenya licenses payment activity under the National Payment Systems Act and its regulations, administered by the Central Bank of Kenya. Payment Service Provider, Money Remittance Provider and Digital Credit Provider are the categories most fintechs need.

Digital lending was brought under direct CBK supervision by the Central Bank of Kenya (Digital Credit Providers) Regulations, which impose licensing, pricing disclosure and debt-collection conduct requirements.

Anti-money-laundering obligations derive from the Proceeds of Crime and Anti-Money Laundering Act. Data protection is governed by the Data Protection Act 2019, with controller and processor registration handled by the Office of the Data Protection Commissioner.

Regulators

  • CBK
  • ODPC
  • CMA
  • IRA

Engagements available in Kenya

ServicePractice areaFrom
AML/CFT Gap Assessment and Remediation RoadmapAML, CFT and Financial Crime₦5,600,000
AML/CFT/CPF Policy and Procedures ManualAML, CFT and Financial Crime₦8,000,000
Enterprise-Wide ML/TF/PF Risk AssessmentAML, CFT and Financial Crime₦10,400,000
CBN Risk-Based Cybersecurity Framework AssessmentCybersecurity and Assurance₦11,200,000
NDPA/NDPR Compliance Gap AssessmentData Protection and Privacy₦5,600,000