Who We Are
The Department of Financial and Sectoral Affairs has an overall mandate of overseeing the development of policy, legal and regulatory framework to guide the operations of the Financial Sector that foster stability, efficiency and access to financial services in Kenya. In addition, it is charged with the responsibility of formulating, reviewing, analyzing and researching on sectoral policies towards addressing national development goals. It is the link between the National Treasury and the financial services sector regulators and therefore the convener for the Financial Services Sector. It is also the link between National Treasury and other sectors of the economy.
In addition, the Government's Bottom-Up Economic Transformation Agenda (BETA) recognizes the Financial Services Sector as a key enabler in achieving national socio-economic development. BETA focuses on five core pillars: Agriculture, Micro, Small and Medium Enterprises (MSMEs), Housing and Settlement, Healthcare and Digital Superhighway and Creative Economy. An efficient and inclusive financial sector is essential in supporting these pillars through access to finance, investment mobilization, and financial stability.
Department Units
BETA Pillars Supported
- Agriculture
- Micro, Small and Medium Enterprises (MSMEs)
- Housing and Settlement
- Healthcare
- Digital Superhighway and Creative Economy
Our Mandate
Policy & Regulatory Frameworks
Develop policies, legal and regulatory frameworks that guide the operations of the Financial Services Sector with the objective of promoting stability, efficiency and access to financial services.
Sectoral Policy Research & Collaboration
Formulate, review, analyse and undertake research on sectoral policies in collaboration with Ministries, Departments and Agencies (MDAs) to support national development goals.
International Treaties & Regional Integration
Provide support in international treaties and regional financial integration initiatives.
AML / CTF / CPF Compliance
Facilitate and coordinate compliance with international standards and best practices in combating Money Laundering, Terrorism Financing and Proliferation Financing (ML/TF/PF).
Questions about FSAD?
Reach out about our mandate, publications or sector activities.