Clay&AssociatesAdvocates

Financial Services

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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.

Two professionals reviewing a document together in an officeRegulatory & ComplianceWhat Does “Enhanced Due Diligence” on a Politically Exposed Person Actually Involve?A new client walks in, and someone on your compliance team flags them as a politically exposed person.…18 Sep 2026A hand pointing at financial charts on a tablet and screensFinancial ServicesCould My Company Raise Capital Through Securitisation in Kenya?Kenya has had a complete legal framework for securitisation since 2007. Almost nobody has actually used it. If…18 Sep 2026A group of community members gathered togetherLitigation & Dispute ResolutionMy SACCO Board Made a Decision I Disagree With. What Can I Actually Do?A SACCO board decision, refusing a loan on unclear grounds, restricting a withdrawal, changing dividend policy, or terminating…18 Sep 2026Two people using smartphones for a mobile payment and QR code scanFinancial ServicesBuilding an AML Risk Assessment for a Kenyan Fintech or DCP: Where Do You Even Start?Most digital lenders discover their AML obligations backwards: they build the product, start onboarding customers, and only then…18 Sep 2026Kenyan digital lending customer checking a mobile phone, illustrating algorithmic credit scoring in everyday borrowingFinancial ServicesAlgorithmic Credit Scoring and AI Bias in Kenya’s Digital Lending MarketDigital lenders in Kenya increasingly approve or decline a loan application in seconds, based on a model that…16 Sep 2026Nairobi central business district skyline with commercial towers, representing the banks and financial institutions regulated under Kenya’s Banking (Fees) Regulations, 2026.Financial ServicesKenya’s Banking (Fees) Regulations 2026: New Annual Fees for BanksThe Central Bank of Kenya has replaced the fee structure that banks, financial institutions and mortgage finance companies…16 Sep 2026Close-up of a hand signing a loan or financing document at a desk, representing a lender and borrower finalising a warehouse receipt collateral agreement in KenyaCorporate & CommercialUsing Warehouse Receipts as Loan Collateral in KenyaA farmer or trader who stores agricultural produce in a warehouse licensed under Kenya's Warehouse Receipt System Act…16 Sep 2026Insurance and reinsurance professionals reviewing regulatory compliance documents in KenyaFinancial ServicesInsurance (Amendment) Regulations 2025: The Kenya Re Reinsurance Cession Increase ExplainedThe Insurance (Amendment) Regulations 2025, gazetted as Legal Notice No. 55 of 2026 and made on 31 December…12 Sep 2026Financial services professionals in a boardroom meeting discussing capital markets compliance in KenyaFinancial ServicesCapital Markets (Amendment) Act 2025: What the Repeal of Shareholding Caps Means for Licensed IntermediariesThe Capital Markets (Amendment) Act 2025 (Act No. 26 of 2025) removed the shareholding caps that had governed…12 Sep 2026 Talk to usNeed advice on Financial Services?Speak to an advocate about your Financial Services matter.Get in touch