The Eastern and Southern Africa Anti-Money Laundering Group issued a mutual evaluation report on the anti-money laundering and counterterrorist financing regime of Kenya, highlighting a widely ineffective system.
Patrick Njoroge, governor of the Central Bank of Kenya, delivered a speech at the Kenya Fintech Forum where he outlined three objectives that will help advance financial technology and make it as useful as possible.
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The Central Bank of Kenya issued an enforcement action against Absa Bank Kenya PLC for failing to apply certain anti-money laundering compliance control standards on foreign exchange trades conducted in March 2020.
|Compliant : 2||High : 0|
|Largely Compliant : 1||Substantial : 0|
|Partially Compliant : 26||Moderate : 2|
|Non-Compliant : 11||Low : 9|
|Rank : 9/141|
|Score : 7.18/10|
|Rank : 124/179|
|Score : 31/100|
|Rank : 24/133|
|Score : 76/100|