In Kenya, Compliance is No Longer Optional — It’s Survival.
From SACCOs and betting companies to MFIs and fintechs, regulated entities are under growing scrutiny. Whether it’s the CBK, SASRA, or the Betting Control and Licensing Board, regulators are intensifying audits, enforcing penalties, and tightening expectations around AML compliance and fraud risk management.
So the question isn’t if your business will be audited — it’s when.
Common Compliance Gaps We See Every Day:
- Weak or outdated AML/CFT frameworks
- Incomplete KYC onboarding and CDD files
- No structured fraud risk management system
- Untrained compliance staff
- Poor audit readiness
These gaps don’t just risk regulatory fines — they damage your reputation, reduce investor confidence, and in some cases, lead to license revocation.
Why Finsafe Consulting?
At Finsafe Consulting, we specialize in helping regulated businesses build strong, audit-ready compliance programs. We go beyond templates and checklists to deliver real, practical solutions tailored to your business type and risk profile.
Our Services Include:
✅ AML/CFT Framework Development
✅ Risk-Based Customer Due Diligence (CDD & EDD)
✅ Fraud Risk Assessments
✅ Compliance Staff Training
✅ Policy & Procedure Development
✅ Regulatory Audit Support & Readiness
✅ Ongoing KYC Monitoring Programs
Who We Work With:
✔️ Licensed SACCOs (Tier 1–3, WDT & Non-WDT)
✔️ Betting Companies & Online Gaming Platforms
✔️ Fintech Startups & Digital Lenders
✔️ Microfinance Institutions (MFIs)
✔️ Forex Bureaus and PSPs
Whether you’re just starting or have been in operation for years, our team will help you stay fully compliant, avoid unnecessary penalties, and build a culture of compliance that lasts.
Recent Engagement Highlights:
- Helped a Tier 2 SACCO pass a SASRA AML audit with no major findings
- Developed a complete fraud risk program for a licensed betting operator
- Trained 50+ compliance officers from a Tier 2 Sacco
- Conducted risk assessment workshops for two fintech startups
Your Compliance Journey Starts Here
Don’t wait until you’re under investigation to take compliance seriously. Let’s build a resilient and compliant future together.
📞 Talk to us today
🌐 www.finsafeconsulting.com
✉️ consult@finsafeconsulting.com
