Banking Act of Kenya
E901930
The Banking Act of Kenya is the primary legislation that regulates the establishment, operations, and supervision of banks and financial institutions in Kenya under the oversight of the Central Bank of Kenya.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
Act of Parliament of Kenya
ⓘ
banking law ⓘ |
| applicableIn | Kenyan banking sector ⓘ |
| appliesTo |
commercial banks in Kenya
ⓘ
microfinance banks in Kenya ⓘ mortgage finance companies in Kenya ⓘ non-bank financial institutions designated under Kenyan law ⓘ |
| country | Kenya ⓘ |
| enforcedBy | Central Bank of Kenya NERFINISHED ⓘ |
| field | banking regulation ⓘ |
| governs |
conduct of banking business in Kenya
ⓘ
disclosure and reporting by banks in Kenya ⓘ minimum capital for banks in Kenya ⓘ ownership and control of banks in Kenya ⓘ prudential supervision of banks in Kenya ⓘ |
| jurisdiction | Republic of Kenya NERFINISHED ⓘ |
| language | English ⓘ |
| legalBasisFor |
appointment of statutory managers for banks in Kenya
ⓘ
bank liquidation procedures in Kenya ⓘ licensing of banks by the Central Bank of Kenya ⓘ prudential guidelines issued by the Central Bank of Kenya ⓘ revocation of bank licences in Kenya ⓘ |
| legalSystem | common law ⓘ |
| overseenBy | Central Bank of Kenya NERFINISHED ⓘ |
| partOf | Kenyan financial sector legal framework ⓘ |
| primaryRegulator | Central Bank of Kenya NERFINISHED ⓘ |
| purpose |
to ensure stability of the banking sector in Kenya
ⓘ
to protect depositors in Kenya ⓘ to provide for supervision of banks and financial institutions in Kenya ⓘ to regulate the business of banking in Kenya ⓘ |
| regulates |
bank capital requirements in Kenya
ⓘ
bank corporate governance in Kenya ⓘ bank licensing in Kenya ⓘ bank liquidity requirements in Kenya ⓘ bank mergers and acquisitions in Kenya ⓘ bank ownership in Kenya ⓘ bank reporting obligations in Kenya ⓘ bank supervision framework in Kenya ⓘ banking business in Kenya ⓘ banks in Kenya ⓘ deposit-taking institutions in Kenya ⓘ financial institutions in Kenya ⓘ foreign bank branches in Kenya ⓘ prudential requirements for banks in Kenya ⓘ |
| relatedTo |
Central Bank of Kenya Act
NERFINISHED
ⓘ
Kenya Deposit Insurance Act NERFINISHED ⓘ Microfinance Act of Kenya NERFINISHED ⓘ |
| sector | financial sector ⓘ |
Referenced by (1)
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