Central Bank of Kenya Act

E899926

Act of Parliament of Kenya central banking legislation

The Central Bank of Kenya Act is the primary legislation that establishes the Central Bank of Kenya, defines its mandate, powers, and governance, and regulates monetary policy and financial stability functions in Kenya.

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Statements (48)

Predicate	Object
instanceOf	Act of Parliament of Kenya ⓘ central banking legislation ⓘ
aimsToEnsure	liquidity in the financial system of Kenya ⓘ monetary stability in Kenya ⓘ soundness of the banking system in Kenya ⓘ
appliesTo	Central Bank of Kenya NERFINISHED ⓘ banks licensed in Kenya ⓘ
assignsResponsibilityFor	acting as banker to the Government of Kenya ⓘ acting as fiscal agent of the Government of Kenya ⓘ formulation of monetary policy in Kenya ⓘ implementation of monetary policy in Kenya ⓘ issuance of currency in Kenya ⓘ maintenance of price stability in Kenya ⓘ management of foreign exchange reserves by the Central Bank of Kenya ⓘ regulation of the banking sector by the Central Bank of Kenya ⓘ
country	Kenya ⓘ
definesMandateOf	Central Bank of Kenya NERFINISHED ⓘ
designates	Central Bank of Kenya as banker to commercial banks in Kenya NERFINISHED ⓘ Central Bank of Kenya as lender of last resort in Kenya NERFINISHED ⓘ
empowers	Central Bank of Kenya to act as banker and adviser to the Government of Kenya ⓘ Central Bank of Kenya to formulate and implement monetary policy ⓘ Central Bank of Kenya to issue legal tender currency in Kenya NERFINISHED ⓘ Central Bank of Kenya to manage Kenya’s foreign exchange reserves NERFINISHED ⓘ Central Bank of Kenya to regulate and supervise banks and financial institutions within its mandate ⓘ
establishes	Central Bank of Kenya NERFINISHED ⓘ
governs	functions of the Central Bank of Kenya ⓘ governance structure of the Central Bank of Kenya ⓘ powers of the Central Bank of Kenya ⓘ
jurisdiction	Republic of Kenya NERFINISHED ⓘ
language	English ⓘ
legalStatus	binding statute in Kenya ⓘ
primaryPurpose	to provide for the establishment, governance and functions of the Central Bank of Kenya ⓘ
providesFor	accounts and audit of the Central Bank of Kenya ⓘ appointment of Deputy Governors of the Central Bank of Kenya ⓘ appointment of the Governor of the Central Bank of Kenya ⓘ capital and reserves of the Central Bank of Kenya ⓘ establishment of the Board of Directors of the Central Bank of Kenya ⓘ removal from office of the Governor of the Central Bank of Kenya ⓘ reporting obligations of the Central Bank of Kenya ⓘ tenure of office of the Governor of the Central Bank of Kenya ⓘ
regulates	financial stability functions in Kenya ⓘ monetary policy in Kenya ⓘ
regulatoryDomain	banking sector in Kenya ⓘ monetary and financial system of Kenya ⓘ
subject	central banking ⓘ financial regulation ⓘ monetary policy ⓘ price stability ⓘ

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Central Bank of Kenya → appliesLaw → Central Bank of Kenya Act ⓘ

CBK → legalBasis → Central Bank of Kenya Act ⓘ

subject surface form: Central Bank of Kenya

shilingi ya Kenya → monetaryAuthorityEstablishedIn → Central Bank of Kenya Act ⓘ

subject surface form: Shilingi ya Kenya