The Attorney General on 7 October 2021 issued guidelines (the Guidelines) to assist public and private entities in the preparation of procedures for the prevention of bribery and corruption pursuant to the Bribery Act..
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The Attorney General on 7 October 2021 issued guidelines (the Guidelines) to assist public and private entities in the preparation of procedures for the prevention of bribery and corruption pursuant to the Bribery Act..
Over the past few years, increasing attention has been given to how environmental, social and corporate governance (ESG) issues impact investment decisions. Many socially responsible investors have moved away from purely focusing on financial performance and short-term ga..
Introduction
Considerable attention has been directed at climate change and its impact on the environment in recent years. At a global level, this attention resulted in the Paris ..
Parliament recently passed into law the Law of Succession (Amendment) Act 2021 (the Amendment Act). The Amendment Act amends several provisions of the Law of Succession Act, Chapter 160 of the Laws of Kenya (the LSA Act).
The Amendment Act intends to harmonize the ..
Historically, foreign investors have had to obtain Presidential Consent to transact in first and second row beach plots along the Kenyan coastline. Recognising that this requirement is unconstitutional, on 29 October 2021 the Environmental and Land Court (the Court) decla..
The Central Bank of Kenya (CBK) recently published Guidance on Climate-Related Risk Management (the Guidance) for the banking sector and mortgage finance companies.
The Proceeds of Crime and Anti-money Laundering Bill (the “Bill”) gazetted on 03 September 2021 seeks to amend the current Proceeds of Crime and Anti-money Laundering Act, 2009 (the “Act”). The Bill proposes to introduce a number of changes targeted towards countering the..
ABSA Bank PLC (ABSA) has been refused leave to appeal to the Supreme Court. This was by the Court of Appeal in a decision given on 5 November 2021. While the highest court in the land is the Supreme Court, Article 163(4) of the Constitution restricts access to that court ..
At the end of September 2021, Kenyan President Uhuru Kenyatta issued a statement on the presidential taskforce appointed to, among other things, review the power purchase agreements (PPAs) entered into between the State-owned offtaker, Kenya Power & Lighting Company (..