2010-08-10

Guidance Note No1 of 2010

The Central Bank of Kenya has issued a guidance note to commercial banks and financial institutions on their obligations regarding anti-money laundering measures. The note emphasizes the importance of reporting suspicious transactions and checking the UN 1267 List regularly. It also advises caution when dealing with high-risk jurisdictions and individuals/entities contributing to the conflict in Somalia. Institutions are encouraged to enhance customer due diligence for high-risk customers and ensure regular staff training on money laundering prevention.

Kenya

Central Bank of Kenya

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