The adjustments in financial markets then translate into the broader economy via cost, income and wealth effects. The speed and the relative weight of the transmission channels identified depend on the structural conditions in the economy. Habits in finance and investment among businesses and private households are important. As is overall flexibility of the economy.
The review exercises have revealed major weaknesses in the operations of some of the bureaus that include;   Engaging in unauthorized business activities;    Non-compliance with the legal and regulatory requirements such as the Central Bank of Kenya Act and the laws that govern taxation; and    Limited understanding of regulations and weak capacity in management of the bureaus.