2015-12-11 | 1255260049

Banking Circular No 12 of 2015 - Compliance with the AML-CFT Law

The Central Bank of Kenya is reminding financial institutions of their obligations under the country's robust anti-money laundering and counter-terrorism financing (AML/CFT) laws and regulations. The Bank will take enforcement actions for violations, including penalties and removal of directors. To enhance AML/CFT supervision, the Bank has introduced new returns for institutions to report on their exposure to ML/TF risks and their systems of controls.

Kenya

Central Bank of Kenya

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