COM­MIT­TEE’S WORK IS OUTLINED

The Star (Kenya) - - News Business -

The steer­ing com­mit­tee has been tasked with sourc­ing and de­ploy­ing hu­man, fi­nan­cial and ex­pert re­sources nec­es­sary for the op­er­a­tional­i­sa­tion of the Fi­nan­cial Ser­vices Au­thor­ity. The team will also re­view laws and reg­u­la­tions to en­sure they are aligned and sup­port­ive of the new reg­u­la­tory body’s frame­work. Na­tional Trea­sury CS Henry Rotich says the mem­bers are ex­pected to un­der­take a full as­sess­ment of the costs, risks and po­ten­tial dis­rup­tion of the tran­si­tion, and im­ple­ment mit­i­ga­tion strate­gies.

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