Recording: The Kenya Mutual Evaluation Report: Lessons Learnt

The report determines that Kenya has made strides in strengthening its AML/CTF system overall. It has registered good results in the confiscation of proceeds of crime, access and use of financial intelligence, as well as the designation of persons or entities suspected to be involved in terrorism. However, there is still a need for improvement in understanding terrorist financing risks, risk-based supervision, and the implementation of preventive measures, especially for non-financial businesses.

The FATF’s mutual evaluations are useful tools for non-government actors advocating transparency and progress in the fight against financial crime and kleptocracy in their home countries. Our discussion highlights the key findings and priority actions for Kenya, and includes on-the-ground opinions on what this means in practice.

Speakers

RUSI’s Centre for Financial Crime and Security Studies is delighted to collaborate with Transparency International Kenya, welcoming panellists who shared their insights and experience.

• Maria Sofia Reiser, CFCS, RUSI
• Lewis Ngelese, Transparency International Kenya
• Edwin Birech, Transparency International Kenya