TripleOKLaw

Stephen Mallowah

Client Alert: Central Bank of Kenya Mandates Climate-Related Financial Disclosures

On October 15, 2021, the Central Bank of Kenya published the Guidance on Climate-related Risk Management, issued under section 33(4) of the Banking Act, Cap 488, which empowers the Central Bank of Kenya to guide institutions in order to maintain a stable and efficient banking and financial system. Under the Guidance, the Board of Directors …

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Is your Digital Lending Platform licensed? Review of the Central Bank of Kenya (Amendment) Act, 2021

“Regulation has to catch up with Innovation” Henry Paulson, U.S. Secretary of the Treasury Kenya has been at the forefront of financial innovation since the launch of mobile money transfer systems in 2007. In the last few years, digital lending in Kenya has grown exponentially because of high mobile phone penetration, adoption of mobile money …

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environmental, social and corporate governance ESG guidelines

Client Alert: Nairobi Securities Exchange ESG Disclosure Requirements

“A Company’s primary purpose can no longer be simply to make a profit for shareholders” Milton Friedman Over the last few decades, there has been a concerted effort within the business community to align company operations with the values and aspirations of their clients. Today there are myriad ways of achieving this goal and different …

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client alert on land laws amendment act for coastal land

LEGAL ALERT: Reprieve for lenders as Court strikes down S.47 of the Land Laws (Amendment Act) 2016

“Equal justice under the law is perhaps the most inspiring ideal of our society; it is one of the ends for which our entire legal system exists” U.S. Supreme Court Justice Lewis Powell Jr. This dictum on ‘equal justice under the law’ as espoused by Justice Powell was recently tested in Kenya in Malindi Law …

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