FRC orders real estate agencies to register by November 14 to curb money laundering

News and Politics · David Abonyo · October 21, 2025
FRC orders real estate agencies to register by November 14 to curb money laundering
Eunice Macharia, Board Chair, Estate Agents Registration Board. PHOTO/Handout
In Summary

The Centre emphasized that the registration exercise is part of Kenya’s ongoing efforts to combat money laundering, terrorism financing, and proliferation financing, particularly within the fast-growing property market.

The Financial Reporting Centre (FRC) has issued a directive requiring all unregistered real estate agencies in Kenya to register with the Centre by November 14, 2025, in line with the Proceeds of Crime and Anti-Money Laundering Act (POCAMLA).

In a notice dated October 21, 2025, the Centre emphasized that the registration exercise is part of Kenya’s ongoing efforts to combat money laundering, terrorism financing, and proliferation financing, particularly within the fast-growing property market.

“The Financial Reporting Centre (the Centre) is established under Section 21 of the Proceeds of Crime and Anti-Money Laundering Act, 2009 (POCAMLA),” the notice stated. “The Centre's principal objective is to assist in the identification of proceeds of crime and the combating of money laundering, terrorism financing and proliferation financing.”

The FRC noted that real estate agencies are legally classified as reporting institutions under the Act, and therefore, must comply with registration requirements pursuant to Section 47A of POCAMLA.

“The Centre hereby directs all unregistered real estate agencies in Kenya to register with the Centre in compliance with Section 47A of the POCAMLA by or before Friday, 14th November 2025,” the notice read in part.

Agencies are required to complete their registration through the goAML platform using the link https://goAML.frc.go.ke, and submit the necessary application documents via the same system.

The FRC further advised that detailed guidelines and support materials are available both on its official website, www.frc.go.ke, and on the goAML landing page.

“In case of any challenges or queries on registration, contact the Centre through 0709 858 000 or [email protected],” the directive added.

The FRC warned that non-compliance with the directive will attract legal action, as failure to register constitutes an offence under the law.

“Take note that failure to register with the Centre constitutes an offence pursuant to Section 47A(5) of POCAMLA and the Centre will proceed to take necessary action,” the notice concluded.

The Proceeds of Crime and Anti-Money Laundering Act, 2009 (POCAMLA) in Kenya is the legal framework designed to combat money laundering, terrorism financing, and the financing of proliferation of weapons of mass destruction.

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