Kenya’s recent inclusion on the Grey List of countries with deficiencies in their anti-money laundering, counter terrorist and proliferation financing (AML/CFT/CPF) frameworks has heightened the importance of robust compliance practices within the country’s financial industry among other pertinent sectors. Financial institutions and other AML reporting entities, supervised by the Financial Reporting Centre (FRC), play a pivotal role in addressing the identified deficiencies developing unified strategies to tackle Grey listing. This Summit is designed to provide these entities with a forum to share knowledge, tools, and strategies necessary to navigate compliance challenges posed by grey listing and thereby enhancing the efforts towards the urgent need of getting the country out of the Grey List.

Key Themes

Understanding Grey Listing: A comprehensive analysis of Kenya’s Grey-listing, its implications and
strategic path towards delisting.
Regulatory Compliance: Strategies for enhancing compliance frameworks to meet international
standards.
Multi-Sectoral Cooperation: Facilitating dialogue among different sectors to create a unified front
against financial crime.