The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the excuse of security threats pushed by Gov. Abdullahi Ganduje of Kano State has no bearing on the ongoing currency swap across the country.
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the excuse of security threats pushed by Gov. Abdullahi Ganduje of Kano State has no bearing on the ongoing currency swap across the country.
The Financial Services Commission (FSC) continues to propel its Fintech sector with a view to strengthen its regulatory framework to enable safe and secure virtual asset transaction.
After a relatively quiet couple of years on the AML front, 2020 onwards saw a number of significant changes to the Cayman AML regime as well as pertinent industry reminders. The Anti-Money Laundering Regulations (2020 Revision) (as amended) (the AML Regulations), which replaced the 2018 Revision, apply to persons engaged in relevant financial business (as defined in the Proceeds of Crime Act (Revised)), which includes Cayman Islands regulated funds. Also in 2020, the Cayman Islands Monetary Authority (CIMA) published the updated Guidance Notes on the Prevention and Detection of Money Laundering, Terrorist Financing and Proliferation Financing in the Cayman Islands (as amended) (the Guidance Notes), replacing the 2017 version, as amended.