[vc_row full_width=”stretch_row” bg_type=”image” parallax_style=”vcpb-vz-jquery” bg_image_new=”413″ bg_image_repeat=”no-repeat” disable_on_mobile_img_parallax=”off” parallax_content=”parallax_content_value” parallax_content_sense=”40″ fadeout_row=”fadeout_row_value” fadeout_start_effect=”40″ enable_overlay=”off” seperator_enable=”seperator_enable_value” seperator_type=”tilt_left_seperator” seperator_position=”bottom_seperator” seperator_svg_height=”120″ seperator_shape_background=”#ffffff” el_class=”white_text” css=”.vc_custom_1549442789563{padding-top: 260px !important;padding-bottom: 230px !important;}”][vc_column el_class=”center”][vc_raw_js]JTNDc2NyaXB0JTIwdHlwZSUzRCUyMnRleHQlMkZqYXZhc2NyaXB0JTIyJTNFJTIwJTBBalF1ZXJ5JTI4ZnVuY3Rpb24lMjglMjQlMjklMjAlN0IlMEElMjAlMjBqUXVlcnklMjglMjIlMjNtZW51JTIwbGklMjIlMjkuYWRkQ2xhc3MlMjglMjJub19hcnJvd19lZmZlY3QlMjIlMjklM0IlMEElN0QlMjklM0IlMEElM0MlMkZzY3JpcHQlM0U=[/vc_raw_js][boc_heading html_element=”h3″ alignment=”center” color=”rgba(244,244,244,0.75)” margin_bottom=”26px” font_size=”32px” css_classes=”custom_subheading”]Welcome to KFRA[/boc_heading][boc_divider divider_color=”rgba(255,255,255,0.4)” margin_top=”30px” margin_bottom=”30px”][boc_heading html_element=”h1″ alignment=”center” color=”#ffffff” font_size=”67px”]Promoting and Enhancing Best Practices[/boc_heading][boc_divider divider_color=”rgba(255,255,255,0.4)” margin_top=”30px”][boc_heading html_element=”p” alignment=”center” color=”rgba(255,255,255,0.74)” margin_bottom=”0px” font_size=”18px”]An industry organization which was started through the initiative of Central Bank of Kenya,[/boc_heading][boc_heading html_element=”p” alignment=”center” color=”rgba(255,255,255,0.74)” font_size=”18px”]Forex Bureaus Regulator and Forex Bureaus stakeholders.[/boc_heading][/vc_column][/vc_row][vc_row css=”.vc_custom_1444397221190{margin-bottom: 10px !important;}”][vc_column css=”.vc_custom_1444311182057{padding: 4% !important;}”][boc_heading color=”#333333″ margin_top=”40px” margin_bottom=”10px” font_size=”30px”]OUR PIVOTAL ROLE IN THE INDUSTRY.[/boc_heading][boc_list_item]In advocating the formation of the Association, the regulator intended it to play a pivotal role in the industry by performing the following tasks, inter alia:

  • Enhancing market discipline, promoting market development and
    encouraging constructive engagement with the regulator.
  • Promoting professionalism.
  • Enhancing high ethical standards.
  • Fostering self-regulation.
  • Keeping line of engagement with the regulator alive so that market vulnerabilities or any challenges can be adequately and timely addressed.
  • Representing forex bureaus and advocating their interests.

[/boc_list_item][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row full_width=”stretch_row” bg_type=”image” parallax_style=”vcpb-animated” bg_image_new=”53″ parallax_sense=”64″ animation_direction=”right-animation” animation_repeat=”repeat-x” disable_on_mobile_img_parallax=”off” seperator_enable=”seperator_enable_value” seperator_type=”tilt_left_seperator” seperator_position=”top_bottom_seperator” seperator_svg_height=”100″ seperator_shape_background=”#ffffff” el_class=”white_text” css=”.vc_custom_1549292827824{margin-bottom: 50px !important;padding-top: 240px !important;padding-bottom: 220px !important;}”][vc_column el_class=”center”][boc_heading html_element=”h1″ alignment=”center” color=”#ffffff” font_size=”56px”]UPHOLDING PROFESSIONALISM AND COMPLIANCE[/boc_heading][boc_heading html_element=”h3″ alignment=”center” color=”rgba(255,255,255,0.71)” subheading=”yes”]With Foreign Exchange Regulatory policies and guidelines.[/boc_heading][boc_divider divider_width=”60px” divider_position=”center” divider_color=”rgba(255,255,255,0.4)” margin_top=”30px”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″ css=”.vc_custom_1444401934387{padding-top: 60px !important;padding-right: 50px !important;padding-bottom: 60px !important;padding-left: 40px !important;}”][boc_heading html_element=”h3″ color=”#333333″]MORE INFO ON OUR ROLE[/boc_heading][boc_divider divider_width=”60px” divider_color=”#dddddd” margin_top=”0px”][vc_column_text]While KFRA is owned and funded by its members, it is working on a number of initiatives that are meant to diversify its revenue base. Like any other organization, the board of directors play an oversight role of KFRA’s activities. The board has in turn delegated normal day to day managerial functions to a full time secretariat which is headed by a Chief Executive Officer.

To supplement the Secretariat’s capacity, the under-noted Board Committees, which are overseen by the Board of Directors, work closely with the Secretariat:

  • Reform, Advocacy & Lobbying.
  • Finance & Audit.
  • HR, Education & Training.
  • Administration and Legal.

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