AML Board

The Anti-Money Laundering Advisory Board

The Anti-Money Laundering Advisory Board (AML Board) is established under section 49 of POCAMLA. The Board’s mandate under the Act is to advise the Director General of the Financial Reporting Centre (FRC) generally on the performance of his functions and the exercise of his powers under the Act. The Board was officially launched by the Deputy Prime Minister and the then Minister for Finance on 24th June 2011.

Membership of the Board

The Permanent Secretary, Treasury
The Attorney General
The Governor, Central Bank of Kenya
The Inspector General, National Police Service
The Chairman, Kenya Bankers’ Association
The Chief Executive Officer, Institute of Certified Public Accountants of Kenya
The Director General, National Intelligence Service
The Director, Asset Recovery Agency
Two other persons appointed by the Minister from the private sector
The Director General, Financial Reporting Centre (Secretary to the Board)

Highlights

MUTUAL EVALUATION REPORT FOR KENYA

Kenya underwent an Anti-Money Laundering, Counter Terrorist Financing and Counter Proliferation Financing (AML/CFT/CPF) assessment by the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) aimed at assessing Kenya’s compliance with global AML/CFT/CPF standards.

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.