However, Kenya will continue addressing and improving on its AML/CFT regime under the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG). Ladies and Gentlemen: On its part, the Central Bank has continually enhanced the regulation and supervision of the financial system in order to improve the sector’s integrity.
The Bank has aggressively pursued an easy monetary policy under the framework of quantitative easing by changing its operational policy target from the short-term money market rate to the balance of current accounts held by financial institutions at the Bank since the spring of 2001 when the short-term money market rate declined to almost zero.