Regulatory Alerts2016-12-13
Added · Updated
Enhanced Competency Framework on Anti-Money Laundering and Counter-Terrorist Financing
The regulator issued the Enhanced Competency Framework on Anti-Money Laundering and Counter-Terrorist Financing to establish standardized competency requirements for all authorized institutions. This circular mandates that institutions implement robust capacity building measures to ensure their personnel possess the necessary skills and knowledge to effectively combat financial crimes. The document serves as a foundational guide for maintaining competence and ethical behavior within the regulated sector.
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