THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
THE FINANCIAL SERVICES SECTOR CONFERENCE
Theme: Stability and Growth in the Agile Financial Services Environment
DATE: 13th – 15th June, 2018
VENUE: Flamingo Beach Resort, Mombasa
Preview
The financial services sector is a core pillar of every economy which serves as an intermediary to relocate funds from entities with a surplus to those with a deficit supply. Compared to other countries of similar income levels, Kenya’s financial services sector is considerably developed, with over 40 commercial banks, a range of non-bank financial institutions, numerous insurance companies and a robust stock exchange market. Kenya ranked 1st in mobile money transactions according to Bloomberg’s 2017 report, pointing to the economy’s ability to provide access to and usage of financial services among people excluded from formal finance.
Dating back to as far as the 1880s, the Kenyan Financial Services ecosystem has morphed dramatically over the last couple of years. The sector has witnessed significant increase levels of regulation, with institutions such as SASRA, CMA and IRA widening their reach. Other developments include the growth of mobile money services to include savings and credit facilities, the recently effected IFRS 9 and the emergence of technologies that threaten to replace human labour in financial institutions. However, no change has rocked the financial services sector and sparked debate as the recent interest rate capping law imposed on banks.
Cognizant of these factors of dynamism, the Institute has undertaken to tailor this year’s Financial Services Sector Conference towards stabilization and growth of the sector through comprehensive discussion of topics such as:
- The Advent of Mobile Money – Implications on Financial Reporting and Audit Functions, Digital Credit
- Improving Institutional Governance in Financial Services Sector
- Technology vs the Human Touch – What Happens to Professionals Now?
- The Effect of Stringent Regulation on the Sector
- Efficient Implementation of IFRS 9
- Understanding the Interest Rates Capping Saga and What to Expect
- The Role of Professionals in Countering Fraud
- Technological Disruptions and Cyber Security
Target Audience
Professionals in Saccos, Central Bank, Commercial Banks (Kenya Bankers Association), Capital Markets, Insurance Companies, Financial Services Regulators (CBK, SASRA, IRA, KBA), Stock Brokerage Firms, Compliance Professionals, Anti Money Laundering Professionals, and Pension Firms
Event Booking
Kindly note that booking for The Financial Services Sector Conference is available either online at www.icpak.com/events. Delegates are urged to note that the bookings close on 8th June 2018.
Conference Charges:
| Category | Early Bird Registration
Booked & Paid for before 8th June 2018 |
Normal Registration
Booking & Payments or LPOs / LSOs received after 8th June 2018 |
| Associate Members/ Students | KShs. 45, 950 | KShs. 50, 950 |
| Members | KShs. 49, 950 | KShs. 54, 950 |
| Non Members | KShs. 59, 950 | KShs. 64, 950 |
| International Delegates | 650 USDs | 750 USDs |
Continuous Professional Development Units
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD units upon successfully attending the Financial Services Sector Conference
National Industrial Training Authority (NITA) Reimbursement
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Sponsorship Opportunities & Additional Information
The Financial Services Conference attracts over 75 participants drawn from both the public and private sectors presenting a rare chance for exhibitors and sponsors. Those interested in sponsoring this event can reach us through raphael.nguli@icpak.com. Other requests for information can be channelled to us via telephone on +254 733 856 262/ 727531006/ 733856262/ 721469169 or via email to memberservices@icpak.com. We encourage you to regularly visit our website www.icpak.com for updates on the Conference.
WELCOME
