Banking Sector, Uncategorized
The Central Bank of Kenya has issued a Guidance Note on conducting money laundering (ML) and terrorism financing (TF) risk assessment by banking institutions. The Guidance Note clarifies the regulatory requirements under Kenya’s Anti-Money Laundering and Combating...
Banking Sector, General, Uncategorized
To strengthen its risk based approach in managing money laundering and terrorism financing (ML/TF) risks in the banking sector, the Central Bank of Kenya (CBK) has drafted a Guidance Note on Conducting Money Laundering/ Terrorism Financing Risk Assessment. The...
Banking Sector, General, Uncategorized
The Central Bank of Kenya (“CBK”) together with the Kenya Deposit Insurance Corporation (“KDIC”) has issued an invitation to investors to present an initial Expression of Interest (“EOI”) to take an equity interest in Imperial Bank Limited (In Receivership). Read...