Important Developments Regarding Disclosure Of The Beneficial Ownership Of Companies In Kenya
Background The Statute Law (Miscellaneous Amendment Act) 2019 (SMAA) amended the Companies Act (No. 17 of 2015), Laws of Kenya (the Companies Act) to require all companies to introduce a register of beneficial owners. In order to give effect to the amendment the Government enacted the Companies (Beneficial Ownership Information) Regulations, 2020 (the Regulations) as subsidiary legislation [...]