2016-08-11 | 809900073

Central Bank Circular No 2 of 2016 - Implementation of Communications on Specified Entities

The Central Bank of Kenya has issued a circular to all chief executive officers of money remittance providers, informing them of a list of specified entities issued by the Counter Financing of Terrorism Inter-Ministerial Committee. The bank instructs institutions to freeze all accounts and funds and cease providing financial services to the specified entities, which include Al-Shabaab, Al-Qacda, Boko Haram, and others. Institutions are also instructed to comply with the Prevention of Terrorism (Implementation of the United Nations Security Council Resolutions on Suppression of Terrorism) Regulations, 2013, and to update the Central Bank on actions taken within 48 hours.

Kenya

Central Bank of Kenya

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