Kenya Passes Revised Anti-Money Laundering Law After Grey Listing

Kenya Passes Revised Anti-Money Laundering Law After Grey Listing

Nairobi -- The National Assembly has passed a revised anti-money laundering and counter-terrorism financing law in response to the country's inclusion on the Financial Action Task Force (FATF) grey list.

Isle of Man to update financial crime regulations - VinciWorks

The Isle of Man is preparing to update its financial crime laws, taking a significant step toward aligning with evolving global standards and enhancing its ability to counter illicit financial activity in the Crown Dependency. During next week’s sitting of the Tynwald [Parliament], lawmakers will consider a proposal to expand the legal definition of “financial crime” as set out in the Financial Intelligence Unit Act 2016. The proposed changes, d…

National Assembly Passes Groundbreaking Anti-Money Laundering and Terrorism Financing Bill - Nairobi Wire

In a decisive move to strengthen its legal response to financial crimes, the National Assembly has passed the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025. The Bill, sponsored by Majority Leader Kimani Ichung’wah, addresses critical gaps in Kenya’s framework for combating money laundering, terrorism financing, and the proliferation of weapons. The new legislation amends ten key Acts of Parliament, all de…

Kenya passes revised anti-money laundering law after grey listing

NAIROBI, Kenya, Apr 16 – The National Assembly has passed a revised anti-money laundering and counter-terrorism financing law in response to the country’s inclusion on the Financial Action Task Force (FATF) grey list. The amendments, part of the Proceeds of Crime and Anti-Money Laundering (Amendment) Bill, 2023, aim to strengthen the legal framework around financial transparency and compliance with international obligations. The law introduces t…

MPs pass 10 amendments in efforts to curb money laundering in Kenya

The National Assembly has passed the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025 with amendments. The Bill sponsored by the Leader of the Majority Party Kimani Ichung’wah seeks to address technical shortcomings in Kenya’s legal framework. The Bill has amendments to 10 existing Acts of Parliament relating to anti-money laundering, combating […]