UPDATE TO CLIENTS NEW SHAREHOLDING THRESHOLD FOR BENEFICIAL OWNERS’ DISCLOSURE KEY HIGHLIGHTS: The Finance Bill, 2022 has proposed changes to the Companies Act, by amending the definition of a Beneficial Owner (BO) and providing that BO will have the meaning ascribed to it under the Anti Money Laundering Act (as amended) (AML Act); The definition...Read More

BENEFICIAL OWNERS AND COMPANY COMPLIANCE REQUIREMENTS Who is a “Beneficial owner”? The Companies Act Cap 212 defines a “beneficial owner” as a natural person: – who directly or indirectly ultimately owns or exercises substantial control over an entity or an arrangement; who has a substantial economic interest in or receives substantial economic benefit from an...Read More

The course aimed at strengthening her management and leadership skills as well as learning how to help other private and government organisations adhere to good corporate governance practices. #REXTeam hashtag#CorporateGovernancehashtag#GoodCorporateGovernancePractices hashtag#ProfessionalDevelopmenthashtag#ProfessionalTraininghashtag#GovernanceRead More