Financial regulation - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

SASRA clarifies regulatory boundaries for Secondary Saccos in proposed 2025 bill

Sacco ReviewJuly 20, 202603 mins

SASRA says secondary Saccos will not offer retail services. Bill seeks to protect member savings through a Deposit Guarantee Fund. Reforms also strengthen liquidity management and interbank access The Sacco Societies Regulatory Authority (SASRA) has pushed back against widespread misinformation surrounding the proposed Sacco Societies (Amendment) Bill, 2025, clarifying that the bill will not allow…