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"content": "To cement progress made thus far and in the spirit of consolidating Kenya’s position as the financial hub in the region, I have already exposed for public comments the Nairobi International Financial Centre Bill which has already undergone extensive stakeholder consultation. The Bill provides a framework to strengthen Kenya’s position as a financial hub of choice in the region through incentives, addressing bottlenecks and putting in place the necessary market infrastructure and market development. I will also be tabling the Financial Services Authority Bill which provides for much more than a simple merger of the existing non-banking regulatory by encompassing issues of market conduct, financial services, consumer protection and addressing existing regulatory gaps such as regulations of credit provision."
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