Introduction On 14th October, 2024, the Central Bank of Kenya (the CBK) issued a press release confirming that in accordance with section 43 of the Banking Act (Cap 488, Laws of Kenya), it was granting authority to JPMorgan Chase Bank N.A., a financial conglomerate domiciled in the USA, to establish a Representative Office in Kenya....Read More

Background On 17th October, 2024, the Business Registration Service (BRS), a state entity established under the BRS Act of 2015 issued a notice requiring companies to prepare and maintain a register of Beneficial owners by 30th November, 2024. This is in line with the Companies Act, 2015 and Companies (Beneficial Ownership Information) Regulations, 2020. The...Read More