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Kenya Amends Beneficial Ownership Regulations

|Approved Changes|Kenya
Kenya

The Kenyan Business Registration Service recently published a copy of the Companies (Beneficial Ownership Information) (Amendment) Regulations 2022. The Companies (Beneficial Ownership Information) Regulations 2020 introduced requirements for companies to maintain and submit a register of beneficial owners to the Registrar of Companies. One of the main amendments to the original regulations concerns the conditions for a person to be considered a beneficial owner for the purpose of the rules.…

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