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Launch of the Money Laundering and Terrorism Financing


National Risk Assessment Report

 


The Cabinet Secretary, Ministry of Interior and Coordination of National Government, Dr. Fred Matiang’i, EGH, today launched Kenya’s first Money Laundering and Terrorism Financing National Risk Assessment Report (NRA Report). The National Risk Assessment on Money Laundering and Terrorism Financing (ML/TF) exercise (NRA) was conducted over the period 2020 -2021 using the World Bank’s NRA tool and methodology. The main objective of undertaking the NRA was to identify and assess the vulnerabilities, levels and trends of money laundering, terrorism financing and proliferation financing in the country, and to propose measures for mitigating the identified risks.
The outputs of the NRA exercise include the NRA Report which details the ML/TF risk profiles and a corresponding National AML/CFT/CPF Strategy and Action Plan to address and implement the outcome of the NRA exercise.
The Cabinet Secretary thanked all the stakeholders who participated in this important national exercise and commended the strong public-private sector partnership in undertaking this exercise.


The NRA Report can be accessed from the link below. In addition, an abridged version of the NRA Report has been prepared to highlight the key findings and proposed action plan and is also available on the link below.

SAITOTI K. MAIKA, MBS


Director General Financial Reporting Centre
and Coordinator, Money Laundering &
Terrorism Financing National Risk Assessment

Nairobi, Kenya
July 27, 2022

 

National Risk Assessment Report - Download

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