Clari5 real-time, cross-channel financial crime management solution is built to meet the compliance mandates of central banks within the prescribed timeframes.
BSP has mandated Philippine Financial Institutions to be operational with Fraud Management Systems By 31 December 2022.
Bangladesh Bank has mandated more stringent vessel / container tracking to curb ghost / phantom shipments.
On July 27, 2022, CBK launched the ML / TF National Risk Assessment Report (NRA). The report identifies and assesses Kenya’s ML / TF risks at a national and sectoral level.
BNM has announced five additional security measures for FIs to strengthen safeguards against financial scams especially in internet and mobile banking services.
In order to comply with FATF recommendations 7, 24, 25, the Parliament of Uganda on 30th August, 2022 passed six new bills to address existing gaps in the law on beneficial ownership information and proliferation financing.