CBN warns BDCs, banks to tighten compliance on anti-money laundering, counter-terrorism regulations

The Central Bank of Nigeria has warned licenced Bureau De Change Operators and financial institutions in the country against violating its anti-money laundering and counter-terrorism financing framework. The apex bank issued this warning in a circular signed by its director of compliance department, Amonia Opusunju on Thursday. CBN vowed to impose sanctions on BDC operators [...]CBN warns BDCs, banks to tighten compliance on anti-money laundering, counter-terrorism regulations

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