UNSC 1373 List

United Nations Security Council Resolutions (UNSCR) 1373 and its successor resolutions refer to designating individuals and entities related to terrorism and terrorist financing at the national level.

Accordingly, Institutions are obliged to have measures in place to identify and freeze funds, financial assets or economic resources of such designated persons and entities upon order by the Competent Authority.

The Prevention of Terrorism Regulations mandates the Counter Financing of Terrorism Inter-Ministerial Committee with circulation of the UNSC 1373 sanctions list. The Committee has in turn mandated the Financial Reporting Centre to circulate the list to Supervisory Bodies as defined in POCAMLA Act, National Security Organs, Law Enforcement Agencies, and other relevant institutions.

A current 1373 list will be maintained by FRC on this website.

Highlights

Fund Regulation Proceeds of Crime and Anti-money Laundering (Criminal Asset Recovery Fund) Regulations, 2023

Fund Regulation Proceeds of Crime and Anti-money Laundering (Criminal Asset Recovery Fund) Regulations, 2023
Request for comments - The Prevention of Terrorism (Implementation of the United Nations Security Council Resolutions on the Suppression of Terrorism) Regulations, 2023

Following the passage of the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Act, 2023, which commenced operation on 15th September, 2023, the Ministry of Interior and National Administration has proposed amendments to the Prevention of Terrorism (Implementation of the United Nations Security Council Resolutions on Suppression of Terrorism) Regulations, 2022. We are now inviting Government Agencies, relevant stakeholders, and members of the general public to submit their comments on the Draft Regulations. The documents can be downloaded from the Link Below;
a.) DRAFT PREVENTION OF TERRORISM (IMPLEMENTATION OF THE UNITED NATIONS SECURITY COUNCIL RESOLUTIONS ON SUPPRESSION OF TERRORISM) REGULATIONS, 2023
b.) Public Notice
c.) Template for comments on the Draft POTA Regulations, 2023
Request for Comments - POCAMLA Draft Regulations

Following the passage of the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Act, 2023, which commenced operation on 15th September 2023, the National Treasury and Economic Planning has proposed amendments to the Proceeds of Crime and Anti-Money Laundering Regulations, 2013. We are now inviting Government Agencies, relevant stakeholders, and members of the general public to submit their comments on the Draft Regulations. The documents can be downloaded from the Link Below;

a.) DRAFT PROCEEDS OF CRIME AND ANTI-MONEY LAUNDERING REGULATIONS, 2023
b.) Public Notice
c.) Template for comments on POCAMLA, Regulations, 2023
Request for Comments-Real Estate Guidance

As part of its supervision of the real estate sector, the Centre has developed the AML/CFT Guidance for Real Estate Agencies, in 2023. We are now inviting real estate agencies, relevant stakeholders, and members of the general public to submit their comments on the Guidance. The documents can be downloaded from the Link Below;

a.) DRAFT AML CFT GUIDANCE FOR REAL ESTATE AGENCIES

b.) Public Notice

c.) Template for comments on real estate guidelines
Extension of Registration deadline

Following the directive issued on 5th September 2023 requiring SACCOs regulated by SACCO Societies Regulatory Authority (SASRA), Casinos (including internet casinos), Real Estate Agencies, Accounting firms, Forex Bureaus and Life Insurance Brokers to register with the FRC by 15th September 2023, the FRC has received numerous requests for extension of the deadline to allow for compliance with the directive. After due consideration, the FRC hereby extends the registration deadline for the categories of reporting institutions above mentioned to 2 nd October 2023.

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