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Kenya: Business Laws (Amendment) Act, 2024 (No. 20 of 2024)

Progress

Current status
in force
27 Dec 2024 in force

Scope

Implementers
Kenya
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
central government
Implementation Level
national

Timeline of events

27 Dec 2024
in force

Business Laws (Amendment) Act, 2024 (No. 20 of 2024) entered into force

On 27 December 2024, the Business Laws (Amendment) Act, 2024 (No. 20 of 2024) entered into force. The Act amends the Central Bank of Kenya Act to regulate non-deposit-taking credit providers, including digital lenders, by establishing licensing, sup…

Source
Event type law
Action type implementation
Government branch executive
Government body central government

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