In Kenya SASRA under Sacco Societies Act of 2008, mandated the authority to license qualifying SACCO Societies to undertake deposit-taking business, regulate and supervise the activities of qualifying SACCO Societies in Kenya. The authority on an annual basis publishes a supervision report that documents the performance and operations of SACCO Societies in Kenya and the statistical trend of DT-SACCOs is observed that some SACCOs are performing well and some new SACCOs have been established and issued with operating licenses. The aim of this study was to assess the effect of regulations financial regulations on the performance of deposit taking savings and credit cooperatives (SACCOs) in Kenya. More specifically, the study sought to find out the effect of regulations on capital requirements on performance of SACCOs. This study adopted a descriptive survey design. The target population was all the 10-deposit taking SACCOs in Kenya-Kisii, registered and licensed by SASRA by 2014. Both primary and secondary data was used in this study, whereby a census survey was preferred as the population of the study was small. A likert scale questionnaire was be used to gather primary information while a secondary data collection sheet will be used for collecting secondary information regarding SACCO performance. The secondary data was then sorted, coded and input into the statistical package for social sciences (SPSS) for production of graphs, tables, descriptive statistics and inferential statistics the results further regulations on assets positively and significantly affected the performance of SACCOs. The study therefore concluded that regulations on assets significantly impacted the performance of SACCOs. The results further revealed that regulations on credit facilities positively and significantly affected the performance of SACCOs. The study therefore concluded that regulations on credit facilities significantly impacted the performance of SACCOs.