ADVOKS GLOBAL · KENYA
Proceeds of Crime and Anti-Money Laundering Act
23. Objectives of the Centre
Edition: 2025-11-04 · In force
23. Objectives of the Centre
(1)The principal objective of the Centre is to assist in the identification of proceeds of crime and combating of money laundering, combating terrorism financing and combating of proliferation financing.(2)Without prejudice to subsection (1), the Centre shall—(a)make information collected by it available to investigating authorities, supervisory bodies and any other bodies relevant to facilitate the administration and enforcement of the laws of Kenya;(b)exchange information with similar bodies in other countries regarding money laundering, financing of terrorism and proliferation financing activities and related offences; and(c)ensure compliance with international standards and best practice in anti-money laundering, counter financing of terrorism and counter proliferation financing measures.