Annual Compliance

The Proceeds of Crime and Anti-Money Laundering Regulations require reporting institutions to submit to the Financial Reporting Centre a report indicationg the institutions level of compliance with POCAMLA Act, Regulations, among others. The report is submitted by 31 January of the following year unless the date is varied in writing by the Financial Reporting Centre.

The Centre circulates an Annual Compliance Report Template towards the end of the year which institutions use for reporting compliance in the ending year. The report may vary from year to year and institutions are encoraged not to submit their reports using templates not intended for the particular year. The Annual Compliance Report Template for the year 2022 can be downloaded at the link below:

Annual Compliance Report Template (2022)

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.