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Kenya’s Finance Sector Emphasizes Compliance and Risk Management Amidst Growing Concerns

As regional concerns about financial risk continue to escalate, Kenyan enterprises of all sizes are seeking robust financial risk management frameworks that meet compliance demands, inform better decision-making, and enhance performance.

KPMG East Africa’s Response

In response to these growing concerns, KPMG East Africa is offering a comprehensive range of financial risk management services to international banks, insurance companies, asset managers, corporate clients, and public entities. The team of Financial Risk Management professionals at KPMG East Africa are working closely with financial institutions and other corporate clients to identify, assess, manage, report, and limit the risks they face.

Key Services

The key services offered by KPMG East Africa’s Financial Risk Management professionals include:

  • Credit Risk Measurement and Management: Identifying, assessing, and managing credit risk exposure
  • Operational Risk Measurement and Management: Identifying, assessing, and managing operational risk exposure
  • Market and Liquidity Risks: Identifying, assessing, and managing market and liquidity risks
  • Economic Capital Management: Managing economic capital to ensure stability and growth
  • Capital Adequacy & Regulatory Services: Ensuring compliance with regulatory requirements
  • Actuarial Services & Financial Statement Support: Providing actuarial services and financial statement support
  • Commodity & Energy Risk Management: Identifying, assessing, and managing commodity and energy risk exposure
  • Financial Instruments Accounting: Ensuring accurate accounting for financial instruments
  • Insurance Risk Assessment: Assessing insurance risk exposure
  • Basel II and Solvency II Transformation: Implementing Basel II and Solvency II requirements
  • Quantitative Evaluation and Management of Portfolio Risks: Evaluating and managing portfolio risks using quantitative methods
  • Financial Engineering: Developing financial instruments to manage risk
  • Risk Management in Transactions, Finance and Treasury Management and Transformation: Managing risk in transactions, finance, and treasury operations

Expertise and Coverage

The team at KPMG East Africa aims to provide consistent, cost-effective, and high-quality service through its strategic positioning of over seven Financial Risk Management professionals across the region, a regional network with offices in four countries (Kenya, Rwanda, Tanzania, and Uganda), and access to the resources of one of the world’s leading professional advisory organizations. As trusted risk management advisers to the boards and executive teams of some of the world’s leading enterprises, KPMG East Africa has a dynamic presence in Kenya, Rwanda, Tanzania, and Uganda.