Kenya: Dealers in Precious Metals and Stones Directed to Register with Financial Reporting Centre

The Financial Reporting Centre (FRC) has directed licensed dealers in precious metals and stones to register with the centre to ensure compliance with the Proceeds of Crime and Anti-Money Laundering Act, 2009 (POCAMLA).

In a statement shared by the State Department for Mining on its official X account, FRC Director General Saitoti Maika stated that dealers are required to register with the centre by 11 April 2025.

According to Maika, registration should be completed online through the goAML…