Regulatory Alerts2021-01-01
Financial Institutions (Know Your Customer) Guidelines 2021
The Commissioner of Financial Institutions in Lesotho has issued the Financial Institutions (Know Your Customer) Guidelines, 2021. Exercising statutory powers under section 71 of the Financial Institutions Act, 2012, the Commissioner formally repeals the 2007 guidelines. The updated regulations establish mandatory customer due diligence and identification standards for licensed financial entities.
LESOTHO Government Gazette Vol. 66 Friday – 17th September, 2021 No. 86 CONTENTS No. Page LEGAL NOTICE
101 Financial Institutions (Know Your Customer) .............................. 1271 Guidelines, 2021 OTHER NOTICES (See Supplement of the Gazette) Published by the Authority of His Majesty the King Price: M6.00
LEGAL NOTICE NO. 101 OF 2021 Financial Institutions (Know Your Customer) Guidelines, 2021 In exercise of the powers conferred on me by section 71 of the Financial Institutions Act, 2012 1 , I, RET◊ELISITSOE MATLANYANE Commissioner responsible for financial institutions repeal Financial Institutions (Know Your Customer) Guidelines, 2007 2 . DATED: DR. RET◊ELISITSOE MATLANYANE COMMISSIONER OF FINANCIAL INSTITUTIONS NOTE
- Act No. 3 of 2012
- L.N. No. 3 of 2007 1271
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