kfra_admin1

What is Financial Reporting Centre (FRC) The Financial Reporting Centre (FRC) (Kenya’s Financial Intelligence Unit) is established under section 21 of the Proceeds of Crime and Anti-Money Laundering Act, 2009. The FRC is an independent body whose principal objective is to assist in the identification of the proceeds of crime and combating money laundering. The FRC became operational on April

Read more

Original Post on Business Daily Website: Forex bureaus not money laundering conduits