Nairobi International Financial Centre Act

6. Objectives of the Authority

Edition: 2022-12-31 · In force

6. Objectives of the Authority

The objectives of the Authority shall be to—

(a)establish and maintain an efficient operating framework in order to attract and retain firms;

(b)develop and recommend strategies and incentive structures in collaboration with relevant agencies in order to attract firms to be Nairobi International Financial Centre firms (hereinafter referred to as NIFC firms); and

(c)review and recommend, in collaboration with the relevant regulatory authorities developments to the legal and regulatory framework in order to develop Kenya as an internationally competitive financial centre.

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Source: Kenya Law