Banks face 12-month deadline as CBN unveils AI-driven anti-money laundering standards
The Central Bank of Nigeria (CBN) has issued a draft framework aimed at overhauling anti-money laundering (AML) practices across the ...
Tag: Anti-Money Laundering
CBN begins mystery shopping at BDC outlets to bolster compliance with anti-money laundering rules in Nigeria
The Central Bank of Nigeria (CBN) has announced the initiation of mystery shopping exercises across bureau de change (BDC) outlets ...
CBN urges banks to align with global standards in tackling illicit funds
The Central Bank of Nigeria (CBN) has called on financial institutions to strengthen their compliance frameworks and align with global ...
