ADVOKS GLOBAL · KENYA
Proceeds of Crime and Anti-Money Laundering Act
50. Functions of the Board
Edition: 2025-11-04 · In force
50. Functions of the Board
(1)The functions of the Board shall be to-(a)on the request of the Cabinet Secretary or at its own initiative, advise the Cabinet Secretary on-(i)policies, best practices and related activities to identify proceeds of crime or proceeds of unlawful activities and to combat money laundering activities;(ii)the exercise of the powers conferred to the Cabinet Secretary under this Act.(b)advise the Centre generally on its functions and the exercise of its powers under this Act;(c)act as a forum in which the Centre, associations representing categories of reporting institutions, state organs and supervisory bodies can consult one another on anti-money laundering developments, concerns and initiatives;(d)to perform any other duty as may be prescribed under this Act.(2)The Centre shall provide administrative support and sufficient resources to the Board to enable it perform its functions effectively.