Kenya was grey-listed in February 2024 following a 2021 mutual evaluation by the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG).
By
Patrick Alushula
Business Reporter
Nation Media Group
Kenya is betting on a public register of people who ultimately own or control trusts to help stem the flow of illicit money and boost its chances of exiting the global money laundering grey list.
The findings come as Kenya steps up efforts to exit the Financial Action Task Force (FATF) grey list, where it was placed over…
Kenya has been sharpening its tools to detect and block illicit money flows, with hope of being removed from the financial crimes…
New rules seek to close loopholes that expose trusts to financial crime and abuse
Kenya was placed on the FATF grey list on February 23, 2024, after the global watchdog flagged weaknesses in the country’s…
President Ruto signs Sovereign Wealth Fund Bill, 2026 into law; bill seeks to shield fund from political misuse and public debt…
President William Ruto has signed into law the Sovereign Wealth Fund Bill, 2026.
