June 21, 2018 / 9:34 AM / a year ago

Kenya financial markets conduct bill does not infringe on central bank -finmin

NAIROBI, June 21 (Reuters) - Kenya’s financial markets conduct bill will not infringe on the mandate of regulators like the central bank Finance Minister Henry Rotich said on Thursday.

He said the bill aims to deal with predatory lending, adding the Treasury would take into account the views of the central bank before finalizing the draft law. The central bank has criticized the bill. (Reporting by Duncan Miriri; Writing by Omar Mohammed)

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