Kenya: Ruto Assents to the Anti-Money Laundering and Combating of Terrorism Financing Laws Bill

Ruto assents to Anti-Money Laundering Bill

Kenya: Ruto Assents to the Anti-Money Laundering and Combating of Terrorism Financing Laws Bill

President William Ruto assented to the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025 at State House Nairobi on Tuesday.

Kenya has a new anti-money laundering law that covers virtual assets

President William Ruto has signed into law the **Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill 2025. This comes just days after the European Commission proposed adding Kenya to its list of high-risk jurisdictions due to deficiencies in anti-money laundering and countering the financing of terrorism (AML/CFT) regimes. The newly enacted law represents […] The post Kenya has a new anti-money laundering law that co…

Tough times for criminals as Ruto signs anti-money laundering Bill

MPs had initially passed the Bill, but Ruto returned with proposed amendments for stricter provisions in certain clauses.

Ruto signs law to tackle money laundering, terrorism financing

Ruto signs law NAIROBI, KENYA | Xinhua | Kenyan President William Ruto on Tuesday signed into law the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025, aimed at strengthening the country’s fight against financial crimes. According to a statement from the presidency issued in Nairobi, the capital, the legislation is designed to enhance Kenya’s framework for combating money laundering, terrorism financing, and…

RUTO signs new law targeting ‘wash wash’ after European Commission flagged Kenya as money-laundering hub

Tuesday, June 17, 2025 - President William Ruto has signed into law the Insurance Professionals Act and the Anti-Money Laundering and Countering the Financing of Terrorism (Amendment) Act, 2025, aimed at strengthening Kenya’s financial sector. The new Insurance Professionals Act introduces strict professional qualifications, licensing requirements, and disciplinary frameworks for insurance practitioners. It seeks to eliminate unqualified individ…