Treasury wants companies to hire anti-money laundering officers

The National Treasury now wants financial institutions and designated non-financial institutions to have Anti-Money Laundering Reporting Officers as the government seeks to tighten the leash on illicit financial flows in the country.

This is provided in Regulation No.10 of the Crime and Anti-Money Laundering Regulations of 2023 published by the National Treasury and for which Kenyans have until October 2, by  5pm to submit comments.