Posted: 09, Nov 18
ESAAMLG (2017), First Round Mutual Evaluation - Post Evaluation Progress Report of Kenya on Anti-Money Laundering and Counter-Terrorist Financing Measures.Download Document
Posted: 01, Sep 18
The ESAAMLG Council Of Ministers Approved And Adopted The Mutual
Evaluation Report For The Republic Of Kenya On 08 September 2011. The
Report Was Prepared By ESAAMLG Experts And Before Its Approval By The
Council Of Ministers It Was Fully Discussed And Adopted By The ESAAMLG
Task Force Of Senior Officials.
The Report Records The Significant Commitment Of The Government Of The Republic Of Kenya In Establishing A Framework To Combat Money Laundering. The Proceeds Of Crime And Anti-Money Laundering Act (the POCAMLA) Is The Key Enactment Which Supports The AML Legal Framework In Kenya. The POCAMLA Addresses Some Core Requirements Applicable To Financial Institutions By Imposing AML Obligations On Financial Institutions And Some Categories Of The Designated Non-Financial Businesses And Professions (DNFBPs), Under The FATF Definitions Of Those Terms. The Act Also Provides For The Establishment Of A Financial Intelligence Unit - The Financial Reporting Centre.
The Report Further Identifies Areas Of Deficiencies In The AML/CFT Framework Of The Republic Of Kenya. It Makes Comprehensive Recommendations On Actions That Kenya Needs To Take In The Short And Medium Terms To Develop Its AML/CFT System To Comply Over Time With International Standards.
Posted: 09, Jan 17
|Memorandum of Understanding|
|Trends and Methods|
|Country National Strategies|
|Compliance and Financial Inclusion|