Comments on Central Bank Digital Currency (CBDC) by Ong’anya Ombo Advocates

It is clear that CBK cannot risk running the CBDC as a monopoly, and even if it does, for a start, it will require the input of the retailers or PSPs in the financial sector. In that regard, it already gives a pictorial composition of what type of CBDC architecture CBK will need to adopt. Drawing inspiration from CMA, CBK should consider providing room for Sandbox Regulations on onboarding processes as most PSPs and retailer financial institutions would prefer getting more innovative with the introduction of the CBDC.
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Establishing a Trust in Kenya

A trust, regardless of the type as provided below, is considered invalid if it is meant to conduct or engage in anything illegal in Kenya, lacks identifiable or ascertainable beneficiary, uncertain terms making it impossible to achieve its purpose, settlor’s lack of legal capacity to create the trust; or established by duress, fraud, misrepresentation, or…
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Sports Law: Football Law (FIFA) Series – Q&A

Football – or also known as soccer in other parts of the world – is a special and most followed sport activity that has a rich history and developed progressively to appreciate modern factors that influences its trajectory. Therefore, like any other sound activity to human beings, there was – and remains to be a need – to regulate football affairs pertaining the organization and management of the activity.
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