Routine Company Secretarial Compliances Requirements in Kenya

Corporate Governance principles’ purpose is to facilitate effective, entrepreneurial, and prudent management that can deliver the long-term success of the company. One of the Statutory roles of a company secretary is to ensure Compliance is achieved all the necessary filings are done at the Registrar of Companies. List of Routine compliance requirements in Kenya Routine…

CHANGES TO COMPLIANCE REQUIREMENTS FOR COMPANIES, FOREIGN COMPANIES, LLPS AND FOREIGN LLPS

On 1st September 2023, the President assented to the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Act. The Act will come into effect on 15 September 2023.  The Act amends 18 Acts of Parliament relating to AML, CTF and counter-financing of the proliferation of weapons of mass destruction in addressing deficiencies identified during the…

GOVERNANCE AUDITS FOR SUSTAINABLE CORPORATE SUCCESS

Whenever Enron, the Parmalat and FTX are mentioned, the thought of their stunning and rapid collapse cannot escape our minds. These were corporate giants whose dramatic collapse resulted from weak systems of corporate governance, internationally awakening the need to improve and reform corporate governance in institutions. Meaning of corporate governance Corporate governance is the system…

STEWARDSHIP CODE FOR INSTITUTIONAL INVESTORS IN KENYA

Stewardship entails the responsible supervision and administration of assets, aimed at serving the ultimate beneficiaries or clients of institutional investors. These institutional investors function as both asset owners and asset managers, holding equity and debt stakes in Public Listed Companies. Asset owners refer to collective investment vehicles that pool funds on behalf of their beneficiaries…