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Lawyers start reporting dirty cash in money laundering fight

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From left: Law Society of Kenya member Mwaura Kabata, LSK President Eric Theuri and LSK practice Standard and Ethics Committee Linda Kiome addressing journalists on May 17, 2023. PHOTO | BONFACE BOGITA | NMG

By  Edwin Mutai

Nation Media Group

Political Reporter

Lawyers will from next month start reporting suspicious transactions by their clients to the Financial Reporting Centre (FRC), in a major boost to the fight against money laundering in Kenya.

The Anti-Money Laundering and Combating of Terrorism Financing (Amendment) Bill, 2023 will take effect from March 15, 2024, bringing law firms into the ambit of reporting entities.

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