Overview: Safeguarding SACCOs Through Regulatory Compliance
Regulatory compliance is essential for SACCOs to function legally, transparently, and effectively. This intensive 3-day training equips SACCO board members, managers, and compliance officers with hands-on skills to meet legal standards set by SASRA. It covers internal controls, financial reporting, risk management, and data protection to build a compliance culture grounded in ethics and governance. For more details, visit: www.kenyasaccoschampions.co.ke
Why Regulatory Compliance for SACCOs Matters
In Kenya’s financial cooperative space, SACCOs are held to high regulatory standards. Without proper compliance, a SACCO risks heavy penalties, reputational damage, or license revocation. This training provides the tools and understanding needed to confidently navigate the regulatory landscape while enhancing trust among stakeholders.
Course Objectives: Regulatory Compliance for SACCOs
By the end of this 3-day training, participants will:
-
Understand the legal and regulatory environment for SACCOs in Kenya
-
Interpret and apply SASRA compliance standards
-
Develop and implement effective internal controls
-
Prepare and submit accurate and timely financial and compliance reports
-
Identify, assess, and respond to compliance risks
-
Promote a strong culture of ethical leadership and accountability
Target Audience
This course is designed for:
-
SACCO board members and senior leaders
-
Legal, compliance, audit, and risk management officers
-
Finance, credit, and operations managers
-
Supervisory and governance committee members
Detailed Course Content
1: Foundations of SACCO Compliance
-
Introduction to regulatory compliance
-
Overview of SACCO licensing and registration under SASRA
-
Understanding governance and management standards
2: Financial and Risk Compliance
-
Financial reporting and disclosure requirements
-
Internal control systems and enterprise risk frameworks
-
Monitoring tools and enforcement mechanisms
3: Advanced Regulatory Practices
-
Data protection laws and consumer rights obligations
-
Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) practices
-
Cultivating a culture of compliance and good governance
-
Interactive case studies, reporting tools, and certification
Training Format and Certification
-
Duration: 3 Days
-
Format: Interactive sessions, real-life scenarios, group work, and final certification
Conclusion: Build a Compliant and Resilient SACCO
This regulatory compliance training ensures SACCOs stay aligned with Kenya’s laws while managing operational risks. Participants will leave equipped to lead with confidence, submit accurate reports, and enforce ethical standards throughout the organization.
Learn more or register now at: https://saccochampions.co.ke
Enquire/Request Quote Here