Regulatory Alerts2026-02-01
Circular No. 03/LBC-FT/2026 on the Typology of Suspected Operations, Issued Pursuant to Regulation No. 02/2026 on AML/CFT
The Governor of the Bank of the Republic of Burundi issued Circular No. 03/LBC-FT/2026 to establish the typology of suspected operations, implementing Regulation No. 02/2026 on AML/CFT and relying on several foundational banking, payment, foreign exchange, and anti-money laundering laws. The circular mandates financial institutions to identify, monitor, and report suspicious transactions based on the defined typologies. It operationalizes the legal framework by specifying practical classification criteria for detecting money laundering and terrorist financing activities across regulated entities.
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