The Central Bank of Kenya (CBK) has partnered with the United Kingdom’s finance ministry as part of its efforts to combat the flow of dirty money among non-bank institutions following Kenya's placement on a watch list known as the "grey list."
CBK Governor Kamau Thugge noted that the financial regulator had engaged the United Kingdom’s His Majesty’s Treasury (UKHMT) in the wake of the country being placed on the grey list by the Financial Action Task Force (FATF), the global anti-money laundering watchdog.
