Sacco Societies Regulatory Authority

Sacco Societies Regulatory Authority
SASRA
Agency overview
Formed	June 18, 2010
Jurisdiction	Kenya
Agency executives	Robert Mungai, Chairman of the Board of Directors; Peter Njuguna, Chief Executive Officer;
Parent department	Office of the Commissioner of Co-operative Development
Parent agency	Ministry of Agriculture, Livestock, Fisheries and Co-operatives
Website	www.sasra.go.ke

The SACCO Societies Regulatory Authority (SASRA)^[1] is the primary regulatory body charged with licensing Deposit‑Taking Sacco Societies (Savings and Credit Co-operatives Societies) - DT regulation 2010 and authorizing specified Non Deposit taking saccos - NDTS Regulations 2021 in the Republic of Kenya.

History

The Authority was established as a body corporate in 2010, pursuant to the provisions of the Sacco Societies Act with the primary purpose of streamlining the regulation of SACCOs and Co-operatives in the country under the supervision of the Commissioner of Co-operative Development, an office under the Ministry of Agriculture, Livestock, Fisheries and Co-operatives.^[2]

Its mandate is to regulate, supervise and license SACCOs and Co-operatives in the country while receiving levy contributions from the same in accordance with the Sacco Societies Act of 2008.^[3]

References

External links

Sacco Societies Regulatory Authority

[1] "Sacco Societies Regulatory Authority Website".

[2] "Ministry of Agriculture, Livestock, Fisheries and Co-operatives".

[3] "SSA Act 2018".

[1]

[2]

[3]

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Authority control databases
International	VIAF
National	United States