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The Authority has developed this guide to provide a step-by-step procedure for application for authorization by the qualifying Sacco Societies and lists requirements to ensure the completeness of the application.

All Regulated SACCOs are hereby called upon to undertake a mandatory offline back-up and heighten, intensify and strengthen cyber-security monitoring and surveillance during the long-weekend public holidays.

The Framework establishes unified regulatory standards, strengthens market conduct supervision, enhances cooperation among regulators, and improves consumer awareness and financial literacy.

The Authority is pleased to release the Model Complaints Handling Policy for Regulated SACCOs. This Model Complaints Handling Policy should be treated as an addendum to the Complaints Management Guidelines issued by SASRA in August 2023.

all Regulated SACCOs are hereby called upon to heighten, intensify and strengthen the cyber-security monitoring and surveillance over their Management Information Systems (MIS), Digital Financial delivery channels, and other ICT infrastructures during the Easter Holidays Weekend.

The Authority “hereby issues the Guidelines for Regulated SACCOs on Combating Money Laundering, Terrorism Financing and Countering Proliferation Financing, 2024” to provide guidance and assistance to Regulated SACCOs on compliance with their AML/CFT/PF obligations.

A Sacco society undertaking a specified non-deposit taking business shall pay to the Authority an annual levy to be known as the Annual Sacco Societies Levy at the rate prescribed in the Schedule.

This Policy shall lay the framework for whistle blowing and protect whistle blowers by ensuring that there is no victimization, disciplinary action, subsequent discrimination or disadvantage.