Banks offer a gateway into the financial system. Once the funds are in the financial system, it is easier to disguise their illegal origin.

Being on the grey list is typically seen as an indictment of a country’s ability to identify and effectively redress financial crimes. It warns invest...

The call follows Kenya's addition to the grey list of the Financial Action Task Force (FATF), over deficiencies in anti-money laundering laws and enfo...

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