Clay&AssociatesAdvocates

Financial Services

Your Business, Our Solutions.

Analysis and commentary on Kenyan law as it is practised: corporate, IP, regulatory, disputes and the industries we serve. Written by the advocates who do the work.

VASP statutory management: an African finance professional reviewing accounts on a laptop with a calculator and notebookFinancial ServicesIf a Licensed Crypto Business Fails in Kenya: Statutory Management, Liquidation and Appeals Under the VASP RegulationsIf a licensed crypto exchange or wallet provider in Kenya gets into trouble, what happens to the customers'…28 Sep 2026VASP change of control: African directors and investors around a boardroom table discussing a share transferCorporate & CommercialBuying or Selling a Licensed Crypto Business in Kenya: Change of Control Under Regulation 29 and Section 27Anyone buying into, selling out of, or restructuring the shareholding of a licensed crypto business in Kenya needs…28 Sep 2026Real estate tokenisation in Kenya: tower cranes over a building site in a Kenyan cityFinancial ServicesTokenising Kenyan Real Estate: What Regulation 62 Requires Before You Offer a Single TokenProperty is the obvious real-world asset to put on a blockchain, and Kenya's Virtual Asset Service Providers Regulations,…28 Sep 2026Freezing and seizure orders: an African technology professional in a blue blazer before a digital globe backdropFinancial ServicesFrozen Wallets and Seized Assets: What Kenya’s VASP Regulations Require Under Part XIVA licensed exchange or wallet provider in Kenya will, sooner or later, be served with an order to…28 Sep 2026Legal Notice 172: an African compliance officer reviewing sanctions screening on a laptop in a glass-walled officeFinancial ServicesLegal Notice 172 of 2026: The 24-Hour Asset Freeze and Reporting Duty for Banks, DNFBPs and VASPsOn 7 September 2026, the Cabinet Secretary for Interior and National Administration published the Prevention of Terrorism (Implementation…28 Sep 2026Conversion of virtual assets: two African fintech colleagues reviewing code together at a shared deskFinancial ServicesConverting Crypto to Foreign Currency in Kenya: The CBK Authorisation Under Regulation 14Most of the commentary on Kenya's new crypto licensing regime concentrates on the VASP licence itself. Regulation 14…28 Sep 2026Desk with financial charts, a calculator and coins, representing profit calculationsCorporate & CommercialRepatriating Profits From Kenya: Certificates, Rights and Tax for Foreign Tech InvestorsTwo different certificates, under two different statutes, govern permits and profit repatriation. Confusing them is the most common…25 Sep 2026Small grey house with rooftop solar panels in a residential African neighbourhoodFinancial ServicesPay-As-You-Go Solar in Kenya: Where Energy Regulation Meets Consumer Credit LawPay-as-you-go solar can trigger Hire-Purchase Act licensing, digital credit licensing, or neither, depending on how the instalment plan…25 Sep 2026Kenyan executive signing documents at his office deskCorporate & CommercialPaying Your Foreign Parent Company From Kenya Without a Tax TreatyWith no Kenya tax treaty in force, dividends, fees, royalties and interest paid to a foreign parent are…25 Sep 2026 Talk to usNeed advice on Financial Services?Speak to an advocate about your Financial Services matter.Get in touch