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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:
- General principles on credit information sharing
- Regulatory framework: CRB Regulations, 2020 & the Data Protection Act, 2019
- Recent regulatory developments
- Learnings from court cases
- Practical data validation and submission
Training Benefits include:
- Effectively comply with legal & regulatory requirements
- Improved data quality threshold for your institution
- Resource optimization
- Managing the risk spectrum
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)
Workshop Cost
Sponsors and Partners
Organizer
Credit Information Sharing Association of Kenya
CIS Kenya facilitates generation and use of accurate credit information for the benefit of all participants in the credit market.
https://ciskenya.co.ke
Otieno & Amisi Law Group
Otieno & Amisi Law Group is a Law Practice and Legal Consultancy Firm operating within the Republic of Kenya. Otieno & Amisi Law Group consists of; Otieno & Amisi Advocates and Otieno & Amisi LLP. The Firm is registered both as a Business Name under the Registration of Business Names Act, Chapter 499 and as Limited Liability Partnership under the Limited Liability Partnerships Act, No. 42 of 2011.
https://otienoamisilaw.com/
Relational FS
A leading business software provider with just about 30 years of experience, international footprint and a long track record of serving major industry players, providing invaluable support and driving real business impact.
We deliver Loan Origination, Loan Management and Debt Management solutions through our own i-Apply, Segmentation and Arotron products.
Our long-lasting partnership with a number of international software vendors such as SAP, Informatica, BMC, and Atlassian allows us to also offer Business Service Management, Analytics and Data Governance solutions.
As your strategic partner, we are committed to offer you the best tools to grow your business and excel.
And we are here for you along the way.
Speakers
Jared Getenga is the Chief Executive Officer, Credit Information Sharing Association of Kenya (CIS Kenya). He worked for the Central Bank of Kenya (CBK) for more than 20 years in Banking Supervision and Deposit Protection. His Banking Supervision experience was largely in policy formulation on banking sector stability.
He also worked as CBK-Appointed Statutory Advisor, Statutory Manager and Liquidation Agent in several troubled banks. Jared was later appointed Financial Sector Specialist with the Financial and Legal Sector Technical Assistance Project (FLSTAP), funded by the World Bank IDA, DFID and GOK for purposes of coordinating technical assistance to Kenya’s Financial and Legal sectors.
On secondment from CBK, he founded the Kenya Credit Information Sharing Initiative in 2019, as a vehicle to establish the credit information sharing (CIS) mechanism in Kenya. Having registered a nationwide credit providers Association (AKCP) in 2014, he was appointed founder CEO and helped develop mechanisms for self-regulation, alternative dispute resolution, credit scoring, credit risk management etc. He is a committee member of the Africa Credit Information Sharing Association (ACISA) and the International Committee for Credit Reporting (ICCR).
AKCP rebranded to CIS Kenya in order to align more closely to its mandate.
With over 15 years of experience in the tech industry, Kevin Kariuki has navigated through multinational organizations, holding roles in technical, product management, and sales leadership. His extensive tenure has fostered a profound understanding of technology's transformative potential across various domains.
Kevin's expertise encompasses networking, data center management, security, and application development, enabling him to advocate for tailored solutions that meet clients' unique needs. He demonstrates strategic foresight in product management by identifying market opportunities and overseeing the development of innovative solutions, ensuring that organizations remain competitive in a dynamic landscape.
As a seasoned sales leader, Kevin excels at driving revenue growth and fostering long-term client relationships. His expertise in value proposition development allows him to effectively articulate the benefits of technology solutions, resonating with customers and driving sales success.
Kevin's customer-centric approach prioritizes understanding client challenges and delivering solutions that translate into tangible business benefits. His emphasis on building trust-based partnerships underscores his commitment to continuous value delivery.
Beyond his professional achievements, Kevin's commitment to excellence extends to mentorship. As an esteemed Strathmore University alumnus and dedicated North Star Club mentor, he enriches the lives of emerging talents and fosters a culture of growth and development. Throughout his career, Kevin has actively mentored aspiring professionals, contributing to their success and the overall growth of the industry.
Hannah is an Advocate of the High Court of Kenya with over 15 years’ experience in Commercial and Banking Law, Corporate Governance, Human Resource Management, Alternative Dispute Resolution, and Credit Information Sharing among other areas of legal expertise. Hannah is currently the Head of Legal and Human Resources at Credit Information Sharing Association of Kenya (CIS Kenya) and doubles up as the Registrar and Lead Mediator at Tatua Center, an Alternative Dispute Resolution Center founded by CIS Kenya that deals with Credit disputes.
Bernard Otieno is the Team Lead at Otieno & Amisi LLP, Advocates. He is also in charge of trainings, corporate governance, compliance and legal risk management.
He has a wealth of experience in court work having litigated on financial and commercial law for over sixteen years. Bernard has also had the distinguished opportunity to interact with the CIS legal framework from its inception in 2008 and continues to undertake legal advisory assignments on the framework on behalf of bureaus, listing institutions and the market association.
He is also a research enthusiast and has facilitated trainings for corporate organizations on CIS, compliance, legal risk management and data protection.
BO graduated from the University of Nairobi with a Bachelor of Laws degree in 2005 and thereafter obtained a Post Graduate Diploma in Law from the Kenya School of Law in December 2006.
He is currently pursuing an LLM Degree from the University of London (International Programmes) with concentrations in Corporate Governance, Compliance and Legal Risk Management.
Bernard can be reached on 0780 865 971 | ben@otienoamisilaw.com