Kenya: Ruto Assents to the Anti-Money Laundering and Combating of Terrorism Financing Laws Bill
12 Articles
12 Articles
Ruto signs law to tackle money laundering, terrorism financing
Ruto signs law NAIROBI, KENYA | Xinhua | Kenyan President William Ruto on Tuesday signed into law the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025, aimed at strengthening the country’s fight against financial crimes. According to a statement from the presidency issued in Nairobi, the capital, the legislation is designed to enhance Kenya’s framework for combating money laundering, terrorism financing, and…
RUTO signs new law targeting ‘wash wash’ after European Commission flagged Kenya as money-laundering hub
Tuesday, June 17, 2025 - President William Ruto has signed into law the Insurance Professionals Act and the Anti-Money Laundering and Countering the Financing of Terrorism (Amendment) Act, 2025, aimed at strengthening Kenya’s financial sector. The new Insurance Professionals Act introduces strict professional qualifications, licensing requirements, and disciplinary frameworks for insurance practitioners. It seeks to eliminate unqualified individ…
Ruto Signs New Anti-Money Laundering Law to Restore Kenya’s Financial Reputation
In a decisive move to counter financial crimes and rebuild Kenya’s international financial reputation, President William Ruto has signed the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025. This legislative action is aimed at addressing Kenya’s persistent issues with money laundering and terrorist financing, which have recently drawn global scrutiny. President Ruto emphasized that the newly enacted law alig…
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