ADVOKS GLOBAL · KENYA
Proceeds of Crime and Anti-Money Laundering Act
11. Failure to comply with the provisions of this Act
Edition: 2025-11-04 · In force
11. Failure to comply with the provisions of this Act
(1)A reporting institution that fails to comply with any requirements of sections 44, 45, 46, 47 and 47A or of any regulations, commits an offence.(2)In determining whether a person has complied with any requirement of the provisions referred to in subsection (1), the court shall have regard to all the circumstances of the case, including such custom and practice as may, from time to time, be current in the relevant trade, business, profession or employment, and may take account of any relevant guidance adopted or approved by a public authority exercising supervisory functions in relation to that person, or any other body that regulates or is representative of the trade, business, profession or employment carried on by that person.