Over the recent years, there have been a number of reforms in the credit information sharing space. Enactment of the Data Protection Act, 2019, gazettement of CRB Regulations, 2020 and, most recently, passage of the Central Bank of Kenya (Amendment) Act, 2021 credit providers have been looking to ensure compliance and minimize legal, reputational and credit risk. In this regard, CIS Kenya seeks to empower credit providers employ best practices by ensuring they submit full-file, comprehensive, accurate and timely data to credit reference bureaus.
This training, therefore, seeks to improve compliance levels amongst lenders and ensure the credit market moves to 100% data quality.