2018-03-23 | 985992065

Banking Circular No. 2 of 2018 - Guidance Note on Money Laundering Risk Assessment

The Central Bank of Kenya has issued a circular to commercial banks and mortgage finance companies, emphasizing the importance of conducting money laundering and terrorism financing risk assessments. The Guidance Note provides clear standards for institutions to identify and manage these risks effectively. The results of these assessments will inform resource allocation and policy decisions to combat ML/TF effectively.

Kenya

Central Bank of Kenya

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