Sacco Societies Regulatory Authority

The SACCO Societies Regulatory Authority is the primary regulatory body charged with licensing DepositTaking Sacco 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.
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.