As we embark on a new year, it is essential to reflect on the evolving landscape of the legal industry and anticipate the trends that will shape the collective journey in 2024. The legal and compliance space is undergoing transformative changes, driven by an increased focus on compliance and regulation, a global shift towards good governance, streamlining of land registration services and structures, regulation and onboarding of emerging technologies and restructuring of government services.
In this inaugural alert of 2024, we aim to provide you with insights into what the year ahead holds with respect to legal and compliance and the projected effects.
Key among the issues we shall look into are:
1. Restructuring of the Kenyan Government and Its Effect on the Flow of Business. Restructuring of government entities holds profound implications for both businesses and individuals alike. We have a look at how this is likely to affect you as a business. |
2. Navigating the Global Shift Towards Good Governance: Do’s, Don’ts, and Areas of Focus. Devolution is one of the most noticeable changes brought about by the Constitution of Kenya, in 2010. In that light; a set of guidelines has emerged over the years in response to the increasing acknowledgement of the pivotal role of effective governance that we critically have a look at. |
3. Ongoing Streamlining of Land Registration Services and the Surrounding Structures. Areas in which the Government has streamlined the delivery of land registration services. |
4. How Affordable Housing is Revolutionizing the Financial Landscape. The ripple effects of affordable housing extend beyond the housing market, influencing consumer spending patterns, investment strategies, and overall economic resilience. |
5. Regulating Emerging Technologies and General Law in and around the Onboarding of Emerging Technologies. From data protection and privacy laws to environmental considerations, understanding the regulations around these technologies is important for businesses, policymakers, and society. |
6. Increased Focus on Compliance and Regulation (Competition, Data Protection, Environmental, Employment and Labour Relations). Businesses are navigating a landscape where regulatory compliance is paramount, prompting proactive measures to ensure adherence and mitigate risks. |
Disclaimer :
The information provided in this article is intended for informational purposes only and should not be construed as legal advice. Don’t hesitate to get in touch with us at info@koassociates.co.ke for any queries or legal advice.