CBK-AFI Member Training on Supervisory Framework for Digital Credit
Following the discussion held at African Financial Inclusion Policy Initiative (AfPI) meeting in Abidjan in February 2019, AFI has drafted a Supervisory Framework for Digital Credit, which will be presented to the AfPI leaders at the Global Policy Forum (GPF) in September in Kigali, Rwanda, for adoption.
The framework aims to highlight the minimum regulatory requirements that should be put in place by regulators to facilitate growth of digital credit with minimal risk to the financial system. The training will introduce participants to the framework and guide them towards implementation. Given the significant progress made by Kenya in the area of digital credit, CBK will lead the sharing of implementation experience and expertise along with other stakeholder institutions.
What are the Objectives of the Training?
The key objective of the training is that, based on the Supervisory Framework for Digital Credit developed by AFI, participants will be able to identify the key criteria to be considered while developing a supervisory framework for responsible use of digital credit. To achieve this, they will be able to:
- List the components and key criteria to be considered in implementing the framework
- Identify the pre-requisites to implement such a framework
- List the learnings from relevant best practices shared that can be used in their jurisdictions
Who Should Attend?
The training is intended for senior officials from National Payments System, Bank Supervision and Market Conduct Departments of AFI member institutions who are working to develop policies/frameworks/guidelines especially focusing on digital credit.
How to Register?
Invitation for nominations has been emailed to AFI focal points of all AFI member institutions.
Please feel free to get in touch with us at Capacity.Building@afi-global.org if you have any questions.