Financial Services

At Clay & Associates Advocates, we specialize in providing comprehensive and tailored legal financial services.

With a deep understanding of the complexities of financial law and a commitment to excellence, our experienced team of lawyers is dedicated to delivering exceptional results for our clients. We will provide a prompt, proactive, and tactical service and understand the importance of achieving the very best outcome for your unique situation.

Contact us today for expert financial services support.

Financial Services Lawyers


We recognize the critical role that finance plays in today’s dynamic business environment. Whether you are a multinational corporation, a financial institution, an entrepreneur, or an individual seeking guidance in financial matters, we are here to offer sound legal advice and strategic solutions to help you navigate the intricacies of the financial landscape.

Commonly, we help clients with:

  • Banking and finance law
  • Securities and capital markets
  • Corporate finance advice
  • Investment funds advice
  • Regulatory compliance
  • Mergers and acquisitions

So whatever your problem or situation, our highly-trained and experienced team has seen it all before. To get started, please contact us to discuss your requirements and arrange a legal assessment.

Choose Us


Before any fees, we’ll first schedule a consultation to listen and learn more about your situation.

The session is an hour long, and there are no obligations to engage our services afterward.

As part of the consultation, we’ll lean on our years of experience as experts to suggest the best solution for you or your business.

At Clay & Associates Advocates, we are dedicated to providing exceptional legal services that empower our clients to thrive in the complex world of finance. We look forward to the opportunity to work with you and to become your trusted legal partner.

Contact us today to schedule a consultation and let us guide you toward financial success.


Nextgen Mall, 3rd Floor, Suite 34, Nairobi.
Mon-Fri: 8 am – 5 pm

Frequently Asked Questions

What financial legal services are available for individuals and businesses in Kenya?

In Kenya, there are various financial legal services available to both individuals and financial services companies. These services are designed to address the unique legal needs and challenges that arise in the financial sector. Here are some key financial legal services commonly offered in Kenya:

1. Banking and Finance Law: Assistance with matters related to banking regulations, lending transactions, loan documentation, debt recovery, regulatory compliance, and disputes in the banking and finance sector.

2. Securities and Capital Markets: Legal advice on securities regulations, initial public offerings (IPOs), private placements, stock exchange compliance, securities offerings, regulatory filings, and securities-related disputes.

3. Corporate Finance: Guidance on corporate finance transactions, including mergers and acquisitions, joint ventures, private equity investments, venture capital financing, corporate restructuring, and capital raising activities.

4. Investment Funds: Legal services related to the establishment, structuring, and management of investment funds, including private equity funds, hedge funds, real estate funds, and venture capital funds. This includes regulatory compliance, fund documentation, and investor relations.

5. Regulatory Compliance: Assistance in navigating complex financial regulations and ensuring compliance with regulatory requirements imposed by governing bodies such as the Central Bank of Kenya, Capital Markets Authority, and Insurance Regulatory Authority.

6. Financial Dispute Resolution: Representation in financial disputes and litigation, including contract disputes, fraud claims, debt recovery, enforcement of securities, and resolution of banking and finance-related disputes.

7. Insurance Law: Legal advice on insurance regulatory matters, policy drafting and interpretation, claims handling, risk management, reinsurance, and disputes in the insurance sector.

8. Fintech and Digital Payments: Assistance with legal matters related to financial technology, digital payments, mobile banking, e-commerce, cybersecurity, data protection, and regulatory compliance in the evolving fintech landscape.

9. Consumer Protection: Guidance on consumer rights, financial consumer protection, fair lending practices, and redress mechanisms for individuals and businesses.

10. Compliance and Risk Management: Support in developing comprehensive compliance programs, risk assessment frameworks, internal controls, and policies to manage legal and regulatory risks in the financial industry.

It’s important to consult with a qualified and experienced financial law firm in Kenya to assess your specific legal needs and determine the most appropriate services for your situation.

What is the level of regulation of financial services in Kenya?

These services are subject to a significant level of regulation to ensure the stability, transparency, and integrity of the financial sector. The regulation of financial services in Kenya is primarily overseen by several key regulatory bodies:

1. Central Bank of Kenya (CBK): The CBK is the main regulatory authority for banking and monetary activities in Kenya. It is responsible for formulating and implementing monetary policy, regulating and supervising financial institutions, promoting the stability of the financial system, and ensuring the soundness of the banking sector.

2. Capital Markets Authority (CMA): The CMA is the regulatory body that oversees the securities and capital markets in Kenya. Its role includes licensing and supervising market intermediaries, approving prospectuses for securities offerings, regulating the conduct of market participants, and promoting investor protection and market transparency.

3. Insurance Regulatory Authority (IRA): The IRA is responsible for regulating and supervising the insurance industry in Kenya. Its mandate includes licensing insurance companies and intermediaries, monitoring compliance with insurance laws and regulations, protecting the interests of policyholders, and promoting the stability and growth of the insurance sector.

4. Retirement Benefits Authority (RBA): The RBA is tasked with regulating and supervising the retirement benefits sector in Kenya. It oversees the establishment and management of retirement benefit schemes, sets standards for trustees and service providers, protects the interests of scheme members, and promotes transparency and accountability in the industry.

In addition to these regulatory bodies, other government entities such as the Kenya Revenue Authority (KRA) and the Competition Authority of Kenya (CAK) may also have roles in regulating certain aspects of financial services.

The regulatory framework in Kenya includes various laws, regulations, and guidelines specific to different areas of financial services, such as banking, securities, insurance, pensions, and anti-money laundering. Compliance with these regulations is essential for financial institutions and service providers to operate legally and maintain the trust and confidence of their clients.

The level of regulation reflects the government’s commitment to maintaining a stable and transparent financial sector, protecting consumers, and promoting investor confidence. It is crucial for businesses and individuals operating in the financial services industry to stay updated with the applicable regulations and engage with legal professionals who specialize in financial law to ensure compliance and navigate the regulatory landscape effectively.

I run an international financial services company, how can I set up my company in Kenya and is the business environment friendly?

Setting up an international financial services company in Kenya involves several steps. While I can provide you with a general overview, it is important to consult with legal and business professionals who specialize in company registration and foreign investment in Kenya for personalized guidance. Here are the key steps to consider:

1. Market Research: Conduct thorough market research to assess the demand for your financial services in Kenya, evaluate the competitive landscape, and identify potential target clients. This will help you tailor your services and develop a market entry strategy.

2. Business Structure: Determine the most suitable business structure for your company in Kenya. Options include setting up a subsidiary, branch office, representative office, or forming a joint venture with a local partner. Each structure has its own legal and operational implications.

3. Company Registration: Register your company with the relevant authorities. This typically involves reserving a company name, preparing the necessary documents (such as articles of association and memorandum of understanding), and submitting the application to the Companies Registry.

4. Licensing and Regulatory Compliance: Determine if your financial services require any specific licenses or permits from regulatory bodies such as the Central Bank of Kenya, Capital Markets Authority, or Insurance Regulatory Authority. Compliance with regulatory requirements is crucial to operate legally in the financial sector.

5. Tax Obligations: Understand the tax obligations for your company in Kenya. This includes registering for taxes with the Kenya Revenue Authority, obtaining a tax identification number, and complying with tax reporting and payment requirements.

6. Employment and Labor Laws: Familiarize yourself with the local labor laws and employment regulations in Kenya. Ensure compliance with employment contracts, employee benefits, minimum wage requirements, and other labor-related obligations.

7. Infrastructure and Operations: Set up your office infrastructure, recruit and hire staff, and establish operational systems and processes. Consider factors such as technology infrastructure, banking relationships, and other logistical requirements.

Regarding the business environment in Kenya, the country has made significant efforts to improve its business climate. The government has implemented various reforms to promote ease of doing business, attract foreign investment, and enhance investor protection. Kenya has seen advancements in areas such as company registration, access to credit, contract enforcement, and investor facilitation.

However, it is important to note that challenges may still exist, such as bureaucratic processes, corruption, and infrastructure limitations. Engaging local legal and business advisors can help you navigate these challenges and ensure a smooth setup process.

Overall, Kenya offers numerous opportunities for international financial services companies, especially given its strategic location, strong financial sector, and vibrant economy. With careful planning, compliance with regulations, and a well-executed market entry strategy, you can establish a successful presence in Kenya’s business landscape.

CONTACT CLAY & ASSOCIATES ADVOCATESCall us today, email us or leave a message

Get in touch!

    CASE STUDIESSearch Case Studies

    AllIn the newsSettled