Before I proceed, let me thank the association for honouring our invitation and my staff for the presentation, which has clearly laid down the industry landscape and set the stage for our meeting. I hope this does form a platform through which we share experiences as well as challenges. 3.
Ladies and Gentlemen, first and foremost, let me emphasize the role of regulation and supervision of the forex bureaus in Kenya, which aims to: •  develop a strong, stable and viable forex bureau industry;  •  inculcate good corporate governance practices in forex bureaus;  •  ensure there is adequate internal control and management information systems in forex bureaus; and  •  ensure forex bureaus to comply with the Act and Guidelines.