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meta_id 3061928

pc nid 91922 Apr 14, 2026 rghosh@vixio.com Kenya Weekly Bulletin | CBK horizon scanning
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Kenya's Central Bank and Financial Regulators Invite Public Comment on Draft Financial Consumer Protection Framework

On April 14, 2026, the Central Bank of Kenya (CBK) published a public notice inviting comments on the draft Financial Consumer Protection (FCP) Framework for Kenya. The framework has been developed jointly by a Consumer Protection Framework Technical Working Group comprising representatives from the Capital Markets Authority, CBK, Insurance Regulatory Authority, Retirement Benefits Authority, Sacco Societies Regulatory Authority, Communications Authority, and the Competition Authority, with support from the National Treasury. The draft FCP Framework aims to establish comprehensive consumer protection standards across Kenya's financial services sector, covering banking, capital markets, insurance, retirement benefits, and cooperative societies. The framework represents a coordinated regulatory approach to safeguarding financial consumers and establishing consistent protections across multiple financial services regulators. The collaborative development process reflects an effort to harmonise consumer protection standards and reduce regulatory fragmentation across Kenya's financial services landscape. The public comment period closes on Tuesday, April 28, 2026. Interested parties can access the draft framework on the CBK website and the websites of participating regulators (Capital Markets Authority, Insurance Regulatory Authority, Retirement Benefits Authority, Sacco Societies Regulatory Authority, Communications Authority, and Competition Authority). Comments should be submitted using the template provided on the CBK website. The framework will inform how Kenya's financial regulators coordinate on consumer protection matters going forward. **References:** Central Bank of Kenya. Public Notice – Invitation for Comments from the Public on the Draft Financial Consumer Framework for Kenya. April 14, 2026. Available at: www.centralbank.go.ke

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Kenya's Central Bank Issues Consultation on Draft Financial Consumer Protection Framework

On April 14, 2026, the Central Bank of Kenya (CBK) published a public notice inviting comments on the draft Financial Consumer Protection (FCP) Framework for Kenya. The framework has been developed jointly by a Consumer Protection Framework Technical Working Group comprising representatives from the Capital Markets Authority, CBK, Insurance Regulatory Authority, Retirement Benefits Authority, Sacco Societies Regulatory Authority, Communications Authority, and the Competition Authority, with support from the National Treasury. The draft FCP Framework aims to establish comprehensive consumer protection standards across Kenya's financial services sector, covering banking, capital markets, insurance, retirement benefits, and cooperative societies. The framework represents a coordinated regulatory approach to safeguarding financial consumers and establishing consistent protections across multiple financial services regulators. The public comment period closes on Tuesday, April 28, 2026. Interested parties can access the draft framework on the CBK website . Comments should be submitted using the template provided on the CBK website.