{"id":13009,"date":"2024-02-12T11:43:11","date_gmt":"2024-02-12T11:43:11","guid":{"rendered":"https:\/\/www.getufm.co.ke\/?p=13009"},"modified":"2024-02-12T11:46:54","modified_gmt":"2024-02-12T11:46:54","slug":"court-suspends-ruling-barring-saccos-from-sharing-members-details-with-crbs","status":"publish","type":"post","link":"https:\/\/www.getufm.co.ke\/?p=13009","title":{"rendered":"Court Suspends Ruling Barring Saccos From Sharing Members’ Details With CRBs"},"content":{"rendered":"\n
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Saccos across the country will now share details of their members with the Credit Reference Bureau (CRB) after a Court of Appeal ruling.<\/p>\n\n\n\n

The Court of Appeal on Friday, February 9, suspended a ruling the High Court delivered in September 2023 nullifying the Banking (Credit Reference Bureau) Regulations 2020.<\/p>\n\n\n\n

A three-judge bench, Asike Makhandia, Mumbi Ngugi, and Mwaniki Gachoka, declared the ruling had been suspended pending a hearing and determination of an appeal filed by the Central Bank of Kenya (CBK).<\/p>\n\n\n\n

“We accordingly allow the application and grant an order that the declaration issued by the High Court that the Banking (Credit Reference Bureau) Regulations 2020 are null and void for non-compliance with section 11 of the Statutory Instruments Act 2013 be and is hereby suspended pending the hearing and determination of the applicant\u2019s appeal,” read part of the ruling.<\/p>\n\n\n\n

CBK had appealed the High Court ruling arguing that if the regulations are nullified it would not be in a position to regulate CRBs and the financial system <\/a>in the country as outlined in the Constitution.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Saccos across the country will now share details of their members with the Credit Reference Bureau (CRB) after a Court of Appeal ruling. The Court of Appeal on Friday, February 9, suspended a ruling the High Court delivered in September 2023 nullifying the Banking (Credit Reference Bureau) Regulations 2020. A three-judge bench, Asike Makhandia, Mumbi […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12,3],"tags":[],"class_list":["post-13009","post","type-post","status-publish","format-standard","hentry","category-business","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\n","aioseo_head_json":{"title":"Court Suspends Ruling Barring Saccos From Sharing Members\u2019 Details With CRBs | Getu Fm","description":"","canonical_url":"https:\/\/www.getufm.co.ke\/?p=13009","robots":"max-image-preview:large","keywords":"business,news","webmasterTools":{"google-site-verification":"iErbWWZbgqhFeFMPcqeU1bfB7LC_C_70GPQUr_BVDuA","miscellaneous":""},"schema":null,"og:locale":"en_US","og:site_name":"Getu Fm | Gaka Ni Getu","og:type":"article","og:title":"Court Suspends Ruling Barring Saccos From Sharing Members\u2019 Details With CRBs | Getu Fm","og:url":"https:\/\/www.getufm.co.ke\/?p=13009","article:published_time":"2024-02-12T11:43:11+00:00","article:modified_time":"2024-02-12T11:46:54+00:00","article:publisher":"https:\/\/facebook.com\/getufmradio","twitter:card":"summary","twitter:site":"@getufmradio","twitter:title":"Court Suspends Ruling Barring Saccos From Sharing Members\u2019 Details With CRBs | Getu Fm","twitter:creator":"@getufmradio"},"aioseo_meta_data":{"post_id":"13009","title":null,"description":null,"keywords":[],"keyphrases":{"focus":{"keyphrase":"","score":0,"analysis":{"keyphraseInTitle":{"score":0,"maxScore":9,"error":1}}},"additional":[]},"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":[],"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"Article","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","priority":null,"frequency":"default","local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2024-02-12 11:37:57","updated":"2025-07-01 14:23:44","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"

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