Cabinet Approves Bill That Grants More Powers To Financial Reporting Centre

Views: 539 NAIROBI Kenya July 18 -The Cabinet has approved a Bill that will enhance powers of the Financial Reporting Centre (FRC). The draft Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2023, seeks to give FRC sweeping powers to impose sanctions for violations of the proceeds of crime. If enacted by Parliament, … Continue reading Cabinet Approves Bill That Grants More Powers To Financial Reporting Centre