Regulatory Alerts2019-01-01
The Report on the State of Corporate Governance of Issuers of Securities to the Public in Kenya 2019
The 2019 report indicates a commendable improvement in corporate governance standards, with the weighted overall score for issuers rising to 61% from 55% in the previous year. While improvements are visible across all seven governance principles, the Authority has identified persistent weaknesses in stakeholder relations and ethics, prompting plans to refine reporting frameworks and introduce tailor-made governance toolkits for SMEs. Future enforcement actions will be more strictly applied against issuers that fail to meet continuous reporting obligations or submit incomplete documentation.
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