Tag: Anti-Money Laundering

Kenya in strategic push to exit the FATF Grey List

In February 2024, Kenya was placed on the Financial Action Task Force (FATF) grey list, signalling deficiencies in its anti-money laundering (AML), counter-terrorism financing (CFT), and counter-proliferation financing (CPF) frameworks. This designation, a setback for East Africa’s financial hub, has prompted urgent reforms to restore Kenya’s global financial reputation and mitigate economic risks like reduced […]...