The Legal Edge

The key aspects of the Anti-Money Laundering and Combating of Terrorism Financing Laws Act, 2023 (AML/CTF Act) in Kenya, based on the information you provided.  This act amends several existing laws to strengthen AML/CTF measures. Here's a breakdown: 1. Purpose & Scope: Preamble: The core objective is to update and improve laws related to anti-money laundering, combating terrorism financing, and proliferation financing. Amendment of Existing Laws: The Act modifies various laws governing key sectors and entities in Kenya.  This includes:     State Corporations Act     Capital Markets Act     Insurance Act     Banking Act     Central Bank of Kenya Act     Microfinance Act     Limited Liability Partnership Act     Companies Act, 2015 2. Key Changes & Implications Definition of "Beneficial Owner": The Act adopts the definition of "beneficial owner" as defined in the Companies Act, 2015. This is...

  When does the 90 day’s Statutory Notice start counting? The basic rule is that a plaintiff must  serve the  defendant  within 90 days of filing the complaint or risk dismissal of their case. The defendants must also demonstrate that they are in receipt of the documents, this is called a  return of service. It is proof to the court that the defendant knows about the case. If the chargor does not comply within 90 days after the date of service of the notice, the 90 day starts counting and  the chargee may exercise any of the following remedies:-59 sue the chargor for any money due and owing under the charge. Gazette Notice No. 3137 - Practice Directions For The Protection Of Judges, Judicial Officers, Judiciary Staff, Other Court Users And The General Public From The Risks Associated With The Global Coronavirus Pandemic Gives no specific timelines on when the days start  tickling, it only gives guidelines on Service of documents and the court pro...

Mom ,  Here is your M  M is for the million things you've managed to do, M is for the messes you clean up too. M is for the moments you make merry, M is for the mischief you never carry. M is for the meals you've mastered, M is for the mysteries you've unfastened. M is for the multitasking you've mastered, M is for the mischief you've crafted. M is for the "Mom, where's my sock?" M is for the mountains of laundry, like a rock. M is for the "Mom, can I have a snack?" M is for the patience you never lack. M is for the mornings filled with grace, M is for the miracles you embrace. M is for the mountains you've climbed, M is for the marathon of motherhood you run, Happy Mother's Day, Mom, M is for you,

Will Checklist: Key Information & Instructions I. Personal Information of Testator (You) Full Legal Name Date of Birth Current Address II. Executor Appointment Primary Executor:  Full Name: Contact Information (Phone, Email, Address): Alternate Executor (Successor): Full Name: Contact Information: III. Guardian(s) for Minor Children (If Applicable) Primary Guardian(s)     Full Name(s):     Contact Information: Alternate Guardian(s):  Full Name(s):  Contact Information: IV. Beneficiaries & Distribution of Assets General Beneficiaries:    Full Name(s):    Relationship to Testator:    Specific Asset(s) or Percentage of Estate:    Alternate Beneficiary(ies) (in case of death or inability to inherit): Specific Bequests:  Description of Item (e.g., "Land at [Address]", "Company Shares of [Company Name]", "Account at [Bank Name]"):  Full Name of Beneficiary: Residuary Estate:   Instructions for Di...

Have you ever imagined what goes into the blueprint of a successful partnership? A Memorandum of Understanding (MOU) acts as that vital roadmap, guiding collaborative efforts between parties.   To navigate the complexities of any agreement, every MOU should weave together 25 carefully crafted clauses, each playing a crucial role in defining expectations, responsibilities, and objectives.   Think of these clauses as the essential ingredients in a recipe for collaboration, ensuring that all parties are aligned and ready to embark on their joint venture with clarity and purpose.  STRATEGIC PARTNERSHIP AGREEMENT   This MOU Strategic Partnership Agreement (the "Agreement") is effective (DATE], BETWEEN: [FIRST PARTY NAME] (the first Party", an individual with their address located[COMPLETE ADDRESS] AND:          [SECOND PARTY NAME] (the "Second Party"), an individual with their address located at:(COMPLETE ADDRESS]   CLAUSES Purpose ...

Judicial independence is the concept in which the judiciary needs to be kept away from the other arms of government. The court should not be subject to government influence or any other influences that may be partisan or private.   The independence of the judiciary is established under Article 159 of the Constitution of Kenya. Independence of the judiciary is a core element of modern constitutionalism and a pillar of democracy. Hon Justice Augustus Molade Akiwumi was a judge and also the second speaker of the Parliament of Ghana. History of the Judiciary: Judiciary is an arm of government that comprises a system of courts of law for the administration of justice. The first court in British East Africa was established by the Imperial British East Africa Company in 1890 with A.C.W Jenner as its first judge. In 1895, the East Africa Protectorate was established with the Consular court to serve British  and other  foreign persons. However a court with jurisdiction over all pe...