Wale Edun, minister of finance and coordinating minister of the economy, says Nigeria’s removal from the European Union (EU) ...

The decision, contained in a European Commission Delegated Regulation released this week amending Delegated Regulation (EU) ...

Under the revised EU AML/CFT package, institutions are expected to adopt more sophisticated, proactive approaches to ...

The Nigerian Financial Intelligence Unit (NFIU) has welcomed the European Union’s (EU) decision to remove Nigeria from its ...

Obalonye, AbujaThe Nigerian Financial Intelligence Unit (NFIU) has commended President Bola Tinubu and inter-agency efforts following Nigeria’s removal from the Financial Action Task Force (FATF) Grey ...

The European Union has delisted Nigeria from its high-risk financial jurisdictions, citing improved anti-money laundering and ...

Nigeria has been removed from the European Union’s (EU) list of high-risk third countries under its Anti-Money Laundering and ...

The objectives of this guideline are to assist principals to develop and implement effective risk-based AML/CFT/CPF ...

While welcoming the EU’s decision, National Treasury cautioned that the delisting does not signify the end of all challenges ...

Under the Final Rule, a Subject Adviser must apply an AML/CFT program to all advisory services provided to all customers ...

The regulator introduced wide-ranging amendments to AML and KYC norms, covering customer risk confidentiality, STR handling, and onboarding safeguards. The key takeaway is tighter compliance standards ...

The Financial Crimes Enforcement Network (FinCEN) and the federal banking agencies recently published the long-awaited notice of proposed rulemaking for the anti-money laundering/countering the ...