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{
    "id": 1281713,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1281713/?format=api",
    "text_counter": 539,
    "type": "speech",
    "speaker_name": "Molo, UDA",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": null,
    "content": " I beg to move: THAT, the Schedule to the Bill be amended- (c) in the proposed amendments to the Banking Act— (i) by deleting the proposed new definition “beneficial owner” and substituting therefor the following new definition—No. 17 of 2015. “beneficial owner” has the meaning assigned to it under the Companies Act. The proposed definition is seeking to define the terms as contained in the Bill. This enables the vetting of beneficial owners who are significant shareholders in money remittance providers. This requires that Central Bank of Kenya (CBK) money remittance providers and digital providers be identified. I beg to move."
}