Search

Kenya Moves to Broaden Money Laundering Oversight in Exit Bid

Subscriber only Subscriber only
Yonko kilasi
© Unsplash
  • Proposed law targets real estate agents, mineral dealers, and SACCOs
  • Country aims to leave FATF grey list by 2026 following reforms

Nairobi, Kenya – Kenya is taking new steps to tighten its anti-money laundering framework as it seeks to exit the Financial Action Task Force (FATF) grey list, with lawmakers proposing wider surveillance powers for professional bodies and non-financial sectors.

You need an active subscription to continue reading this article.

Recent Business

Gas pipeline. Photo @ Unsplash
Nigeria, Morocco to build $25bn gas pipeline in phases
Read More »
Gold mining machine, excavator. Photo by Albert Hyseni @ Unsplash
Qatar invests $500mn in Ivanhoe Mines for African minerals
Read More »
Senegal @ Pixabay
Senegal returns to market with $490mn bond despite debt strain
Read More »

Recent Politics

Steel factory. Photo by Peter Herrmann @ Unsplash
Nigeria’s steel dreams still idle after billions spent
Read More »
Youths in Nigeria protest against brutalities Photo by Ayoola Salako @ Unsplash
Nigeria inflation slows to 20.12% in August, fuelling rate cut hopes
Read More »
Nairobi, Kenya © Unsplash
Kenya-Somalia tensions threaten vital khat trade
Read More »

Latest Posts

Latest news insights