•  The Proceeds of Crime and Anti Money Laundering Bill, 2009 that will strengthen the anti-money laundering legal and regulatory framework. The bill underwent the first and second reading and we hope that when parliament resumes, it will be passed and enacted. •  Amendment of the Banking Act to enable banks use non bank agents to extend their outreach.
Such agents could leverage on mobile technologies to cost effectively provide services on behalf of the banks. With these remarks, Ladies and Gentlemen, it is now my pleasant duty to officially launch the M-PESA INTERNATIONAL MONEY TRANSFER SERVICE, one more product that will improve the landscape of money transfer and financial services beyond our borders. Thank you. BIS Review 128/2009  3