2013-06-17 | FPR/DIR/CIR/GEN/03/005

Additional Know Your Customer (KYC) Requirement in Respect of Designated Non-Financial Businesses and Professions (DNFBPs)-Extension of Deadline

The Central Bank of Nigeria has extended the deadline for Designated Non-Financial Businesses and Professions to update their account information with evidence of registration with the Special Control Unit against Money Laundering to December 31, 2013. This extension aims to address challenges encountered by SCUML due to the high number of late compliance cases. Failure to comply by the new deadline will result in account operation restrictions.

Nigeria

Central Bank of Nigeria

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