
Technology
Grey Joins Licensed Ranks Of Money Transfer Operators
Grey secured an International Money Transfer Operator licence from the CBN as Nigeria remittance market grows past 100 licensed operators.
Chinedu Nwosu0 min read
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Grey secured an International Money Transfer Operator licence from the CBN as Nigeria remittance market grows past 100 licensed operators.
Kenya's Financial Reporting Centre told a parliamentary committee that the country has met 19 of the 21 actions required to leave the global anti-money laundering grey list, but the final assessment will depend on proving the measures work in practice.
Kenya has cleared 19 of 21 FATF action items and aims to exit the grey list by April 2027 after raising its cash-withdrawal reporting threshold and moving to tighten rules on frozen assets and proliferation financing.