Kenya has been struck off the global watch list of countries not doing enough to tackle money laundering. An audit by the financial action task force found that the government had established the legal and regulatory framework to address strategic decencies that will enable the regulators monitor money laundering activities. Under the rules established by the FATF Kenya had to set up a financial intelligence unit to track suspicious monetary movements. Failure to strengthen these laws had seen Kenya bundled with the likes of North Korea and Iran on the global watch list. Being struck off the list will come as a major boost for the country, making it more appealing to global investors.