Regulatory Alerts2025-03-27
REGULATION No. 02/2026 ISSUED UNDER LAW No. 1/08 OF 27 MARCH 2025 AMENDING LAW No. 1/02 OF 4 FEBRUARY 2008 ON ANTI-MONEY LAUNDERING AND COUNTERING THE FINANCING OF TERRORISM
The Banque de la République du Burundi issued Regulation No. 02/2026 to align Burundi’s anti-money laundering and counter-terrorist financing framework with international standards following the 2025 amendment to its foundational AML/CFT law. The regulation mandates covered financial institutions, including credit entities, payment providers, and microfinance organizations, to implement robust internal controls, enhanced due diligence, and proactive suspicious transaction reporting mechanisms. It explicitly defines key terms, establishes strict client identification and record-keeping obligations, and designates centralized prevention officers to ensure compliance and safeguard the national financial system from illicit capital flows.
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