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{
    "id": 723071,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/723071/?format=api",
    "text_counter": 173,
    "type": "speech",
    "speaker_name": "Hon. Kipyegon",
    "speaker_title": "",
    "speaker": {
        "id": 1453,
        "legal_name": "Johana Ngeno Kipyegon",
        "slug": "johana-ngeno-kipyegon"
    },
    "content": "The Bill gives these institutions about a year before they are issued with licences. This is very important because the Authority will have opportunity to assess all the institutions that want to join as a DTSs to have a background check especially their financial instability and the kinds of activities they have been engaging with, so that the moment they are issued with licences, it will be giving them a clean bill. They can do whatever pertains to the borrowing, lending and deposit taking from their customers. It is very important for us to have a proper background check of one year, so that they are monitored before they are given licences."
}