Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) Regulations, 2022
Central Bank of Nigeria, Nigeria
These regulations aim to curtail terrorist activities in Nigeria. The overall theme of the regulations is to ensure financial institutions implement due diligence on customers: mandatory customer verification; reporting of a financial transaction; and sanctions for non-compliance.
Process Flow
Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) Regulations, 2022 Current Version
October 2024
These regulations aim to curtail terrorist activities in Nigeria. The overall theme of the regulations is to ensure financial institutions implement due diligence on customers: mandatory customer verification; reporting of a financial transaction; and sanctions for non-compliance.
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