Kenya

Related publications

  • 23 Feb 2024

    Jurisdictions under Increased Monitoring - 23 February 2024 Jurisdictions under increased monitoring are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. Two additional countries, Kenya and Namibia, are now also subject to increased monitoring. Barbados, Gibraltar, Uganda and the United Arab Emirates are no longer subject to increased monitoring by the FATF.
  • 27 Jan 2023

    Kenya's measures to combat money laundering and terrorist financing This evaluation was based on the 2012 FATF Recommendations, and was prepared using the 2013 Methodology. The evaluation was based on information provided by the country, and information obtained by the evaluation team during its on-site visit to the country. The findings of this assessment have been reviewed and endorsed by the FATF. Please refer to the Executive Summary of the report for the Key Findings and Priority Actions.
  • 27 Jun 2014

    Improving Global AML/CFT Compliance: on-going process - 27 June 2014 The FATF identified jurisdictions which have strategic weaknesses in their anti-money laundering and counter terrorist financing (AML/CTF) framework. These countries have developed an action plan with the FATF to address these AML/CTF weaknesses. The FATF recognised that Kenya, Kyrgyzstan, Mongolia, Nepal and Tanzania made significant progress in improving their AML/CTF regime and will therefore no longer be subject to the FATF’s monitoring process.
  • 14 Feb 2014

    Improving Global AML/CFT Compliance: on-going process - 14 February 2014 The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. The FATF recognised that Antigua and Barbuda, Bangladesh and Vietnam have made significant progress in improving their AML/CFT regime and will therefore no longer be subject to the FATF’s monitoring process.
  • 18 Oct 2013

    FATF Public Statement, 18 October 2013 The FATF has updated its public statement issued in June 2013 which identifies jurisdictions with strategic anti-money laundering and countering the financing of terrorism (AML/CFT deficiencies.
  • 21 Jun 2013

    FATF Public Statement - 21 June 2013 The FATF has updated its public statement issued in February 2013 which identifies jurisdictions with strategic anti-money laundering and countering the financing of terrorism (AML/CFT deficiencies.
  • 22 Feb 2013

    FATF Public Statement 22 February 2013 The FATF has updated its public statement issued in October 2012 which identifies jurisdictions with strategic anti-money laundering and countering the financing of terrorism (AML/CFT deficiencies.
  • 19 Oct 2012

    FATF Public Statement - 19 October 2012 The FATF has updated its public statement issued in June 2012 which identifies jurisdictions with strategic anti-money laundering and countering the financing of terrorism (AML/CFT deficiencies.
  • 25 Jun 2012

    FATF Public Statement - 22 June 2012 The FATF has updated its public statement issued in February 2012 which identifies jurisdictions with strategic anti-money laundering and countering the financing of terrorism (AML/CFT deficiencies.
  • 16 Feb 2012

    FATF Public Statement - 16 February 2012 The FATF has updated its public statement issued in October 2011 which identifies jurisdictions with strategic anti-money laundering and countering the financing of terrorism (AML/CFT deficiencies.
  • 28 Oct 2011

    FATF Public Statement - 28 October 2011 The FATF has updated its public statement issued in June 2011 which identifies jurisdictions with strategic anti-money laundering and countering the financing of terrorism (AML/CFT deficiencies.
  • 8 Sep 2011

    Mutual Evaluation of Kenya Kenya is a member of ESAAMLG, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Kenya was conducted by ESAAMLG.
  • 24 Jun 2011

    FATF Public Statement - 24 June 2011 The FATF has updated its public statement issued in February 2011 which identifies jurisdictions with strategic anti-money laundering and countering the financing of terrorism (AML/CFT deficiencies.
  • 25 Feb 2011

    Improving Global AML/CFT Compliance: on-going process - 25 February 2011 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
  • 22 Oct 2010

    Improving Global AML/CFT Compliance: update on-going process - October 2010 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
  • 25 Jun 2010

    Improving Global AML/CFT Compliance: update on-going process - June 2010 The FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. While the situations differ among each jurisdiction, each jurisdiction has provided a written high-level political commitment to address the identified deficiencies.
  • 18 Feb 2010

    Improving Global AML/CFT Compliance: update on-going process - February 2010 As part of its ongoing review of compliance with the anti-money laundering and counter-terrorist financing standards, the FATF has to date identified a number of jurisdictions which have strategic deficiencies. These jurisdictions have developed an action plan with the FATF to address these deficiencies. While the situations differ among each jurisdiction, each jurisdiction has provided a written high-level political commitment to address the identified deficiencies. FATF welcomes these commitments.

Member of

Ratings

Effectiveness

Ratings that reflect the extent to which a country's measures are effective. The assessment is conducted on the basis of 11 immediate outcomes, which represent key goals that an effective AML/CFT system should achieve.

Benin Follow-Up Report 2023

IO1
LE
IO2
LE
IO3
LE
IO4
LE
IO5
LE
IO6
LE
IO7
LE
IO8
LE
IO9
LE
IO10
LE
IO11
LE

Technical Compliance

definition

Ratings which reflect the extent to which a country has implemented the technical requirements of the FATF Recommendations.

C = compliant   |   LC = largely compliant     |   PC = partially compliant   |   NC = non-compliant

Benin Follow-Up Report 2023

R.1 - Assessing risk & applying risk-based approach
LC
R.2 - National cooperation and coordination
LC
R.3 - Money laundering offence
LC
R.4 - Confiscation and provisional measures
PC
R.5 - Terrorist financing offence
PC
R.6 - Targeted financial sanctions related to terrorism & terrorist financing
LC
R.7 - Targeted financial sanctions related to proliferation
LC
R.8 - Non-profit organisations
NC
R.9 - Financial institution secrecy laws
C
R.10 - Customer due diligence
PC
R.11 - Record keeping
LC
R.12 - Politically exposed persons
PC
R.13 - Correspondent banking
LC
R.14 - Money or value transfer services
PC
R.15 - New technologies
NC
R.16 - Wire transfers
PC
R.17 - Reliance on third parties
LC
R.18 - Internal controls and foreign branches and subsidiaries
LC
R.19 - Higher-risk countries
NC
R.20 - Reporting of suspicious transactions
PC
R.21 - Tipping-off and confidentiality
C
R.22 - DNFBPs: Customer due diligence
PC
R.23 - DNFBPs: Other measures
PC
R.24 - Transparency and beneficial ownership of legal persons
NC
R.25 - Transparency and beneficial ownership of legal arrangements
NC
R.26 - Regulation and supervision of financial institutions
PC
R.27 - Powers of supervisors
C
R.28 - Regulation and supervision of DNFBPs
NC
R.29 - Financial intelligence units
C
R.30 - Responsibilities of law enforcement and investigative authorities
C
R.31 - Powers of law enforcement and investigative authorities
C
R.32 - Cash couriers
PC
R.33 - Statistics
LC
R.34 - Guidance and feedback
PC
R.35- Sanctions
LC
R.36 - International instruments
LC
R.37 - Mutual legal assistance
C
R.38 - Mutual legal assistance: freezing and confiscation
LC
R.39 - Extradition
LC
R.40 - Other forms of international cooperation
LC