AGADVOKS GLOBALKENYA · ENGLISH
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The Banking (Penalties) Regulations, 2025

78. Imposition of penalty upon natural persons

Edition: 2025-07-09 · In force

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78. Imposition of penalty upon natural persons

(1)Where the Central Bank imposes a penalty for a violation which was committed by a body corporate and whose liability includes a penalty to a natural person, the Central Bank may impose the penalty upon the natural person either individually or jointly with the corporate body.
(2)A penalty imposed upon a natural person shall only be payable from the resources of the natural person.
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Source: Kenya Law