Overview
The notable increase in volume and velocity of data enabled by technological advancements and consumer adoption of digital credit compels credit providers to adopt improved process innovations in order to keep up with customer expectation and regulatory compliance requirements. Credit providers in Kenya operate in a multi-regulated environment and are thus expected to have an effective compliance framework that cuts across regulatory and business expectation.
Principally, the Data Protection Act, 2019, and the CRB Regulations, 2020 are the anchor pieces of legislation and regulations that need to be considered in harmony for any credit provider using the credit information sharing mechanism to manage its credit and incidental risks.
In this regard, CIS Kenya seeks to empower credit providers to submit full-file, accurate, and timely data to Credit Reference Bureaus. This training, therefore, seeks to improve compliance levels amongst lenders and ensure the Kenyan credit market attains 100% data quality in compliance with set regulations.
The training covers:
Training Benefits include:
Who should attend?
Credit Managers, Credit Analysts, Database administrators, Customer Experience Managers and all staff engaged in CRB data submission in Commercial Banks, MFB's, MFI's, DFI's, SACCOs, Leasing Companies, and Digital Lenders.
Training Investment
The training investment covers facilitation, training materials and meals KES 29,000 PP for 2 days (exclusive of tax)