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StopML

 Mandate

The Financial Reporting Centre (FRC, or the Centre) is a Government institution created by the Proceeds of Crime and Anti-Money Laundering Act (POCAMLA) 2009, with the principal objective being to assist in the identification of the proceeds of crime and the combating of money laundering.

The Prevention of Terrorism Act (POTA) 2012 also mandates the Centre with the fight against financing of terrorism.  The Centre started operations in April 2012.

 

Extension of Registration Deadline

Following the directive issued on 5th September 2023 requiring SACCOs regulated by SACCO Societies Regulatory Authority (SASRA), Casinos (including internet casinos), Real Estate Agencies, Accounting firms, Forex Bureaus, and Life Insurance Brokers to register with the FRC by 15th September 2023, the FRC has received numerous requests for extension of the deadline to allow for compliance with the directive, especially during the sensitization sessions held with the different sectors. After due consideration, the FRC hereby extends the registration deadline for the categories of reporting institutions to 16th October 2023. TAKE NOTE that there will be no further extension on the registration deadline.

Request for Comments - POCAMLA Draft Regulations

Following the passage of the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Act, 2023, which commenced operation on 15th September 2023, the National Treasury and Economic Planning has proposed amendments to the Proceeds of Crime and Anti-Money Laundering Regulations, 2013. We are now inviting Government Agencies, relevant stakeholders, and members of the general public to submit their comments on the Draft Regulations. The documents can be downloaded from the Link Below;

a.) DRAFT PROCEEDS OF CRIME AND ANTI-MONEY LAUNDERING REGULATIONS, 2023
b.) Public Notice
c.) Template for comments on POCAMLA, Regulations, 2023

Request for Comments-Real Estate Guidance

As part of its supervision of the real estate sector, the Centre has developed the AML/CFT Guidance for Real Estate Agencies, in 2023. We are now inviting real estate agencies, relevant stakeholders, and members of the general public to submit their comments on the Guidance. The documents can be downloaded from the Link Below;

a.) DRAFT AML CFT GUIDANCE FOR REAL ESTATE AGENCIES

b.) Public Notice

c.) Template for comments on real estate guidelines

 

Request for Comments - The Prevention of Terrorism (Implementation of the United Nations Security Council Resolutions on the Suppression of Terrorism) Regulations, 2023

Following the passage of the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Act, 2023, which commenced operation on 15th September 2023, the Ministry of Interior and National Administration has proposed amendments to the Prevention of Terrorism (Implementation of the United Nations Security Council Resolutions on Suppression of Terrorism) Regulations, 2022. We are now inviting Government Agencies, relevant stakeholders, and members of the general public to submit their comments on the Draft Regulations. The documents can be downloaded from the Link Below;


a.) DRAFT PREVENTION OF TERRORISM (IMPLEMENTATION OF THE UNITED NATIONS SECURITY COUNCIL RESOLUTIONS ON SUPPRESSION OF TERRORISM) REGULATIONS, 2023
b.) Public Notice
c.) Template for comments on the Draft POTA Regulations, 2023

Highlights

  • Public Notice - Amendments to entries in the ISIL(DA'ESH) & AL-QAEDA Sanctions List

    Amendments to entries in the ISIL(DA'ESH) & AL-QAEDA Sanctions List

     
  • Draft Proliferation Financing Regulations, 2023

    Following the passage of the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Act, 2023, which commenced operation on 15th September, 2023, the Ministry of Interior and National Administration is conducting public participation on the draft Prevention of Terrorism (Implementation of the United Nations Security Council Resolutions on the Prevention, Suppression and Disruption of Proliferation Financing) Regulations, 2023. Government Agencies, relevant stakeholders and members of the general public are invited to submit their comments on the Draft Regulations. The documents can be downloaded from the Link Below:

                   a. draft Proliferation Financing Regulations, 2023

                   b. Template for Comments - Draft Proliferation Financing Regulations, 2023

                   c. PUBLIC PARTICIPATION NOTICE - PF REGULATIONS

     

     
  • AML/CFT Guidance for Casinos

    As part of its supervision of the casino sector, the Centre has developed the AML/CFT Guidance for the sector. We are now inviting all relevant stakeholders and members of the general public to submit their comments on the Guidance. Please see below;

    - AML/CFT Guidance for the Casino sector
    - The public notice inviting comments
    - Template for submission of comments and the draft guidance.

    Submissions to be sent to This email address is being protected from spambots. You need JavaScript enabled to view it. by 5 PM on 27th October,2023.

     
  • Fund Regulation Proceeds of Crime and Anti-money Laundering (Criminal Asset Recovery Fund) Regulations, 2023

    Fund Regulation Proceeds of Crime and Anti-money Laundering (Criminal Asset Recovery Fund) Regulations, 2023

     
  • Mutual Evaluation Report For KENYA

    Kenya’s Mutual Evaluation Report (MER) was adopted by the ESAAMLG Council of Ministers in September 2022 at its meeting in Livingstone, Zambia and subsequently published on the ESAAMLG website on November 11, 2022. The MER summarises the AML/CFT/CPF regime in the country also provides recommendations on how the country’s AML/CFT/CPF regime can be strengthened. A copy of the MER can be downloaded here.

     

Mission

To protect the integrity of our financial system and contribute to the safety of our citizens through deterrence of money laundering and terrorist financing.

Vision

Vision

To be the leader in financial intelligence works in the region and be recognized worldwide as an FRC  that adheres to international standards

Values

Vales

Integrity, Creativity, Teamwork, Profesionalism, Exellence

International Organizations

Contacts

User: Director General 
 Address: Old Mutual Tower 13th Floor,
      Upper Hill Road,
     
P.o.Box Private Bag - 00200,
     Nairobi Kenya

 

  

Phone: 254  709 858000
Phone: http://www.frc.go.ke
 FRC Kenya @FRC_Kenya