CBN launches mystery shopping to tighten BDC regulation after CBEX forex scandal

The Central Bank of Nigeria (CBN) has issued a stern warning to all licensed Bureau De Change (BDC) operators across the country, announcing its readiness to impose severe sanctions on those who flout anti-money laundering and terrorism financing regulations. This decisive move comes in the wake of the CBEX financial scandal, a devastating incident where [...]The post CBN launches mystery shopping to tighten BDC regulation after CBEX forex scandal appeared first on National Daily Newspaper.

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