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Kenyan delegation visits the Seychelles FIU |23 July 2014

A delegation from the Kenya’s Financial Reporting Centre (FRC) visited Seychelles recently to learn more about the work of the Financial Intelligence Unit (FIU).

The visit was eased by Interpol’s regional office in Kenya. Interpol has been encouraging other FIUs in the region to visit the Seychelles FIU and to engage with the Attorney General’s office on the matter of effective legislation for confronting money laundering.

The six-member Kenyan delegation, led by the director of the FRC, Jackson Kitili, was made up of personnel from the Revenue Authority, Intelligence and Investigation Unit as well as the senior officer from the Interpol regional office in Nairobi.

The visit followed the recent signing of a memorandum of understanding between the two units to ease the exchange of information between the two countries and improve cooperation in the fight against the financing of drug trafficking, piracy, money laundering and terrorism.

The visiting delegation also had substantive exchanges with key domestic partners of the FIU such as the Attorney General’s office, the National Drug Enforcement Agency and the Seychelles Police Force.

The visit reflects the growing recognition among regional states of the need for more effective law enforcement cooperation to defeat transnational crime.  
The recent example of the seizure of hundreds of kilogrammes of heroin by Kenyan naval forces off the Kenyan coast is an excellent example of how regional states can share information and work together to make a significant impact on transnational crimes such as drug trafficking. It is highly probable that some of the heroin intercepted would have ultimately been trafficked into Seychelles had it not been stopped.

Willingness to cooperate with other FIUs is a critical component of the Financial Action Task Force (FATF) recommendations and a requirement of the UN Convention on Transnational organised Crime.

The FRC is an institution of the Kenyan government established under the Proceeds of Crime and Anti Money Laundering (Amendment) Act, 2012 with the principal objective of assisting in the identification of the proceeds of crime and the combating of money laundering.

 

 

 

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