Regulatory Alerts2025-06-17
Guidance on Treatment of Suspicious Activity and Transaction Reports Related to Fraud
The Non-Bank Financial Institutions Regulatory Authority, in consultation with the Financial Intelligence Agency, mandates regulated non-bank financial institutions to file Suspicious Activity and Transaction Reports for fraud or attempted fraud through the goAML portal. This reporting obligation applies regardless of prior police notification and requires entities to utilize the designated digital platform for compliance. Failure to submit these reports triggers administrative fines of up to five million pula, alongside potential license suspension or revocation.
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