THE UNCLAIMED FINANCIAL ASSETS (AMENDMENT) BILL, 2024
The Unclaimed Financial Assets Act of 2011 (hereafter referred to as the “Act”) governs the management of unclaimed assets and cash held by the government. Such unclaimed assets encompass both...
Legal alert: Court issues orders to banks on rates of interests
REGULATION OF INTEREST RATES IN BANKING IN KENYA: THE CASE OF STANBIC BANK KENYA LIMITED V SANTOWELS LIMITED Brief Facts of the Case On 28th June 2024, the Supreme...