Pπ‘π„π’πˆπƒπ„ππ“ π’πˆπ†ππ’ π€ππ“πˆ-πŒπŽππ„π˜ π‹π€π”ππƒπ„π‘πˆππ† 𝐀𝐍𝐃 π‚πŽπŒππ€π“πˆππ† πŽπ… π“π„π‘π‘πŽπ‘πˆπ’πŒ π…πˆππ€ππ‚πˆππ† 𝐀𝐍𝐃 π‚π‹πˆπŒπ€π“π„ 𝐂𝐇𝐀𝐍𝐆𝐄 ππˆπ‹π‹π’

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President William Samoei Ruto has signed the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2023 into law.

The new law will help address deficiencies limiting the fight against money laundering and terrorism in the country.

It allows for the surrendering of a fugitive criminal who consents to be extradited to a requesting State.

It also grants the Financial Reporting Centre operational independence by excluding it from the definition of State Corporation.

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