Nairobi, June 16 -- The Business Registration Service (BRS) has introduced tighter verification of changes in company shareholding and directors as part of a strategy to curb fraud in corporate records.

Under the changes, directors and shareholders are now required to provide direct confirmation for applications involving the resignation and appointment of directors, as well as the transfer of shares.

These changes require direct confirmation from affected individuals (referred to as 'authenticators') to validate the legitimacy of corporate filings.

"The primary verification method is a system-based process, where authenticators receive a One-Time Passcode (OTP) via their registered email and mobile number, along with a link to the Bus...