Regulatory Alerts2015-12-11 | 1255260049Added · Updated
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.
More like this from CBK
We email you every new CBK publication the day it's published.
Topics
Share