CBN and the imperative of expanding anti-money laundering systems

By OLUSEGUN RASAQ Banks, mobile money operators, international money transfer operators and other financial institutions in Nigeria are required to deploy automated anti-money laundering, AML, systems under new baseline standards issued by the Central Bank of Nigeria, CBN. The CBN under its Governor, Olayemi Cardoso has strengthened financial crime detection and compliance mechanisms across the sector. […] The post CBN and the imperative of expanding anti-money laundering systems appeared fir...

By Emmanuel Okogba