Kenya takes money laundering war to precious metal dealers
Kenya has placed hundreds of licences of dealers and exporters of precious metals and stones under review for failing to register with the Financial Reporting Centre.
Kenya is targeting traders involved in precious metals as the new frontier to curb money laundering and combat terrorism financing.
The Kenyan government says it has tightened its response to money laundering after it was grey-listed by the Financial Action Task Force (FATF) in 2023.
