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Kenya plans to mandate gold dealers to report cash sales over Sh1.9 million as part of anti-money laundering regulations to address its grey list status with the Financial Action Task …
Kenya Mandates Reporting of Large Cash Sales by Gold Dealers Read More
South Africa aims to exit the FATF greylist in October this year, with only two issues remaining to be resolved, as stated by a National Treasury Official. South Africa is …
South Africa Aims for FATF Greylist Exit by October Read More
Argentina’s CNV has unveiled regulations for VASPs aiming to enhance compliance and user protection. Key features include asset segregation for customer funds, updated AML/TF policies, and required risk disclosures. The …
Argentina Implements New Regulatory Framework for VASPs Read More
On March 13, India and Mauritius signed a Memorandum of Understanding (MoU) between the Enforcement Directorate (ED) and Financial Crimes Commission (FCC) to combat financial crimes. This agreement focuses on …
India and Mauritius Sign MoU to Enhance Cooperation Against Financial Crimes Read More
Ghana is becoming a leading nation in cryptocurrency adoption, ranking 9th globally in 2025 with 17% of adults owning crypto. Despite initial regulatory challenges, the Bank of Ghana is developing …
The Future of Cryptocurrency in Ghana: Insights for 2025 Read More
The Financial Intelligence Centre (FIC) held a multi-stakeholder engagement on March 11, 2025, to discuss Ghana’s preparations for the third round of the Mutual Evaluation exercise by GIABA. This evaluation …
FIC Facilitates Stakeholder Engagement for Ghana’s Anti-Money Laundering Preparedness Read More
The National Bank of Rwanda and the Capital Market Authority have proposed a draft law to regulate virtual assets and service providers, addressing risks like money laundering. This legislation defines …
Rwanda Introduces Draft Law to Regulate Virtual Assets Read More
Nigeria is working diligently to exit the FATF grey list by mid-2025, with the Government directing agencies to take decisive actions to address deficiencies in anti-money laundering and counter-terrorism financing …
Nigeria Intensifies Reforms to Leave FATF Grey List by Mid-2025 Read More
Nepal’s Finance Minister, Bishnu Paudel, asserts the nation’s intent to exit the FATF grey list for money laundering and terrorist financing before the two-year deadline, attributing the previous government’s actions …
Nepal’s Finance Minister Pledges Exit from FATF Grey List Before Deadline Read More
Kuwait’s FIU is finalizing a contract with Austrian advisory firm FTA to enhance its efforts against money laundering and terrorism financing. The State Audit Bureau approves the €6.1 million contract …
Kuwait Engages European Firm to Address FATF Compliance Challenges Read More