.Buying gold in Kenya is an exciting investment, but ensuring your rights and legal claims over the gold are protected is just as important as the transaction itself. That’s where the Kenyan Collateral Registry, also known as the Movable Property Security Rights (MPSR) Registry, plays a crucial role. At EasyGold, we want you to be informed as you make precious decisions, so here’s how the Collateral Registry safeguards your interests.

What Is the Kenyan Collateral Registry?

The MPSR Registry was established in 2017 under the Movable Property Security Rights Act. It’s a government-backed, 24/7 accessible online register that records security rights on movable property—including gold. Think of it as a public notice board that transparently shows when a movable asset is used as collateral in a loan or credit agreement.

Importantly, the Registry doesn’t record ownership but signals that the item (your gold) has a security interest attached to it. This means anyone looking to buy or finance assets like gold can check the Registry to see if it’s already tied up as collateral elsewhere.

How Buyers of Gold Can Use the Registry to Protect Themselves

When purchasing gold, buyers want reassurance that their legal claim remains secure—even if something goes wrong with the seller’s obligations. By registering a security right over the gold in the MPSR Registry, the buyer can:

• Publicly assert their legal interest in the gold as collateral, deterring the seller from committing fraud or double pledging the same gold to multiple parties.

• Access a transparent record that helps verify if the gold is free from other claims, making the transaction safer and more trustworthy.

• Strengthen their position legally to claim the gold or recover value in case the seller defaults on the agreed terms.

Why This Matters for You

Buying gold can sometimes come with risks if the chain of ownership or credit claims isn’t clear. Using the Kenyan Collateral Registry adds an extra layer of protection for you as the buyer. It promotes confidence and transparency, empowering you to make informed decisions and secure your investment.

How to Access the Registry

The MPSR Registry is user-friendly and accessible online 24/7. You can easily search for existing security rights on movable property, including gold, and register your own security interest if you’re purchasing gold on credit or want to ensure your claim is recorded.

At EasyGold, we recommend all buyers of gold in Kenya to familiarize themselves with the MPSR Registry. It’s a valuable tool that shields your investment and supports a safer, more transparent gold market.