FATF Stories

IRA flags money laundering risks in life insurance, launches sector review after FATF grey listing
Lucy Mumbi  |  Jun 16, 2025

The regulator says the structure of life insurance policies, commonly known as long-term business, makes them vulnerable to criminal abuse, highlighti...

Dubai Unlocked: The politically exposed Kenyans investing in Dubai’s luxe landscape
Africa Uncensored  |  Oct 14, 2024

While much of the investment appears to be above board, lax regulations, transactions conducted in cash and cryptocurrency, and a reputation for secre...

Money laundering: Treasury vows action as Kenya is placed on grey list
Barack Oduor  |  Feb 23, 2024

Ndung'u confirmed the recent developments, stating that the new rating necessitates Kenya to enhance monitoring to ensure compliance.

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