Tag: Compliance

Operationalising Integrity: Europe’s Next Frontier in AML/CFT Regulation

How Accountancy Europe’s seven principles seek to reshape the architecture of compliance in the digital era. Globally, there is an ongoing push to strengthen Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) frameworks amid the profound transformations driven by technology, data, and cross-border finance. From digital assets and instant payments to decentralised finance and […]...

Blurred Lines: Lessons from Deloitte Australia on the Use of Generative AI in the Workplace

The role of generative artificial intelligence (AI) in the modern workplace took centre stage this week. Deloitte Australia faced criticism for its use of AI in conducting an assurance review of the c...

18 Jul 2024

Bridging Innovation and Governance: Lessons From ICTA Bill, 2024

The civic space in Kenya is undergoing a significant transformation, with platforms like X Spaces revolutionising how we interact with our leaders. High-profile government officials, including ...

16 Feb 2024

Driving compliance in Kenya: Public and private sectors should collaborate to navigate low compliance levels.

Compliance is a critical imperative for both the public and private sectors, although the nuances of implementation vary significantly between them. The distinct approaches taken by both sectors are l...

2 Sep 2022

Sustainability is the heart of Enterprise Risk Management

Environmental and societal risks have overtaken economic and geopolitical risks in terms of both likelihood and impact. Board members and the C-suite today need to have a clear and informed view of ri...

25 Mar 2022

Communications Authority releases draft guidelines to protect and keep children safe online

Digital access is no doubt double edged. On one hand it exposes children to a wealth of benefits and opportunities, but on the other a host of risks, including access to harmful content, sexual exploi...

11 Feb 2022

Taxman’s eye on social media posts good for enhanced compliance

By Brian Kuira Recent media reports that the Kenya Revenue Authority (KRA) would train its eyes on taxpayers who display luxurious lifestyles on social media but under-declare their income sparked a h...

30 Jan 2021

Data Protection Day 2021: Kenya’s steps into compliance

Yesterday, the 28 of January 2021; was the 15th Data Protection Day and the 40th anniversary of Convention 108. Data Protection Day or Privacy day is a day to raise awareness and promote privacy and d...

22 Jan 2021

Race to compliance: Beneficial ownership registration

The Beneficial Owner is also required to indicate the source of the beneficial ownership information and whether the information obtained was (a) provided by the beneficial owner or their authorised r...