REGULATION AND PROTECTION OF CHILDREN’S DATA ON SOCIAL MEDIA PLATFORMS

BACKGROUND:TikTok Information Technologies UK Limited and TikTok Inc (TikTok) were fined £12,700,000 bythe Information Commissioner’s Office (ICO) for a number of data protection legislationviolations, including failing to use children’s personal data legitimately. Despite its own policies prohibiting children under 13 from opening an account, the ICOestimates that TikTok allowed up [...]

Read More

Filing of financial statements

Section 683 of the Companies Act, 2015, read together with sections 686, 687, 688 and 689 of the Companies Act, requires companies to lodge financial statements for each financial year with the Registrar of Companies (Registrar).  At a glance As part of good corporate governance, it is essential that companies [...]

Read More

Protecting Kenyans from crypto scams: How the VASP Bill, 2025 aims to stop pump-and-dump schemes

At a glance •           Kenya is among the leading nations in Africa for cryptocurrency adoption, and thousands of people are investing in these new financial instruments. •           However, with this rapid growth comes significant risk. An increasing number of investors have fallen victim to pump-and-dump schemes, where fraudsters manipulate market [...]

Read More