The Central Bank of Kenya (Mortgage Refinance Companies) Regulations, 2019

40. Risk Management

Edition: 2022-12-31 · In force

(1)A mortgage refinance company shall establish a robust risk management framework that covers all plausible risks to its business including—

(a)strategic risk;

(b)credit risk;

(c)liquidity risk;

(d)market risk

(e)operational risk;

(f)information and communication technology risk;

(g)reputational risk; and

(h)compliance risk.

(2)A mortgage refinance company shall identify, assess, manage, control and mitigate risks.

(3)A mortgage refinance company shall comply with any risk management guidelines issued by the Bank.