Regulatory Alerts2023-09-11
Added · Updated
ANNEXES - INSTRUCTION 15
The document establishes a mandatory annual questionnaire for banks operating in the Democratic Republic of Congo to report on their Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) frameworks. It requires institutions to provide detailed responses regarding organizational structure, risk mapping, targeted financial sanctions implementation, internal controls, suspicious transaction reporting, and ongoing due diligence procedures. Additionally, it mandates the submission of a monthly statistical report containing specific codes for transaction volumes, client risk profiles, and training metrics.
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