ADVOKS GLOBAL · KENYA
The Central Bank of Kenya (Mortgage Refinance Companies) Regulations, 2019
23. Records
Edition: 2022-12-31 · In force
23. Records
(1)A mortgage refinance company shall maintain accurate and complete accounting records and reports.(2)The records and reports of a mortgage refinance company shall be retained for a period of seven years.(3)An officer, employee or agent of a mortgage refinance company shall not make entries, or allow entries to be made, on any account, record or document of the mortgage refinance company that are false or mislead the true authorization limits or approval authority of such transactions.(4)All records and computer files or programmes of the mortgage refinance company, including personnel files, financial statements and customer information shall be accessed and used only for the purposes for which they were originally intended.