Kenya Intensifies Efforts to Exit FATF Grey List by April 2027
Kenya is targeting an exit from the Financial Action Task Force (FATF) grey list by April 2027 after addressing 19 of the 21 action items required to strengthen its anti-money laundering and counter-terrorism financing systems. The National Assembly Committee on Delegated Legislation has scrutinised the Prevention of Terrorism (Implementation of the United Nations Security Council [...] The post…
Kenya is making significant strides to exit the FATF grey list by April 2027, having addressed 19 out of 21 action items required to strengthen its anti-money laundering and counter-terrorism financing systems. The National Assembly Committee on Delegated Legislation has closely examined the Prevention of Terrorism regulations, 2026, to ensure safeguards are in place for freezing assets belonging to designated persons and allowing limited access for essential needs.
Financial Reporting Centre Director-General Naphtaly Kipchirchir Rono expressed optimism that Kenya would meet its target, provided continued support from Parliament and other stakeholders.
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