cleversoft group’s Post

𝐆𝐥𝐚𝐧𝐜𝐞 𝐚𝐭 𝐂𝐁𝐒 𝐫𝐞𝐟𝐨𝐫𝐦𝐬 𝐢𝐧 𝐫𝐞𝐜𝐞𝐧𝐭 𝐲𝐞𝐚𝐫𝐬: digital payments infrastructure, expanded regional services, risk-based supervision, and strengthened AML/CFT frameworks. Watch this short video showcasing the Central Bank of Somalia’s journey toward a safer, more efficient, and inclusive financial system for Somalia. #CentralBankofSomalia #FinancialReform #DigitalPayments #InstitutionalDevelopment #FinancialInclusion #SomaliaEconomy #RiskBasedSupervision #AML #CFT #BuildingTrust #ResilientEconomy

The FIU Cyprus (MOKAS) has released its Strategic Analysis Report for 2023–2024, providing valuable insights into emerging money laundering and terrorist financing trends, typologies, and sectoral risks. The report highlights key developments in Cyprus’s financial landscape, patterns observed in suspicious transaction reports, and strategic priorities for enhancing AML/CFT effectiveness. https://lnkd.in/ee-dZRZf #FIUCyprus #StrategicAnalysis

Nigeria’s fight against money laundering and terrorism financing has just got stronger. In 2025, regulatory bodies such as the Central Bank of Nigeria (CBN) and the Nigerian Financial Intelligence Unit (NFIU) have stepped up enforcement, implementing tighter compliance frameworks with tech-driven, real-time monitoring. AML (Anti-Money Laundering) and CFT (Countering the Financing of Terrorism) are regulatory frameworks, policies, and practices used by financial institutions and other regulated entities to prevent, detect, and report financial crimes. In the end, these policies aim to contribute to financial stability and security by preventing terrorists and criminals from misusing financial institutions and the larger economy. KEY BUSINESS MUST-DOS INCLUDE: ◾ Implement risk-based AML programs with enhanced customer due diligence. ◾ Upgrade to automated transaction monitoring systems with real-time alerts. ◾ Strengthen record-keeping and suspicious activity reporting processes. ◾ Ensure continuous staff training on AML/CFT policies and emerging risks. The window to align with these new rules is closing fast. Acting now safeguards your operations, reputation, and access to global markets. #MQLawstream #Legal #AML #CFT #Compliance

EBA AML/CFT Reports: The European Banking Authority has published 2 Anti-money laundering and countering the financing of terrorism reports: 1. A report on tackling money laundering and terrorist financing risks in crypto-asset services, including issuance, trading, and service provision. The Report draws on lessons learnt from recent supervisory cases across the EU and highlights how competent authorities can strengthen their approaches to supervision in this fast-evolving sector. Read it hear: https://lnkd.in/eqnCBBwE 2.  A report that takes stock of the actions taken by all competent authorities to address the EBA’s findings and recommendations, and which notes that overall competent authorities have made significant progress over the past six years in adopting a risk-based approach to AML/CFT supervision. Read it here: https://lnkd.in/e_nys32N #AML #Ml #AntiMoneyLaunding #FinanicalCrimeCompliance

On the 9th of October 2025, the European Banking Authority (EBA) published its Report on countering money laundering and terrorist financing (ML/TF) risks in crypto-asset services, including issuance, trading and service provision. The Report describes strategies which some crypto-asset service providers and issuers used to sidestep national AML/CFT supervision, outlines the safeguards established by Regulation 2023/1114/EU (MiCAR) and the revised AML/CFT regime, and stresses the key elements which will strengthen the effective application of the new EU framework. 🌐 Read the EBA's press release at: https://lnkd.in/dE-WbgS2 📑 Access the EBA's Report at: https://lnkd.in/eqnCBBwE #EBA #Report #AML #CFT #CryptoAssetActivities #MiCAR

The Central Bank of Seychelles (CBS), the Financial Intelligence Unit (FIU), and the Financial Services Authority (FSA) have come together to sign a Joint AML/CFT Enforcement Policy marking a unified, stronger approach to safeguarding the Seychelles financial system. The Policy was signed on 18 September 2025 and sets out clear, fair, and consistent principles for enforcement, ensuring that regulated entities understand their obligations and are held accountable when needed. Key goals of this policy include: ✅Promoting sustained compliance with AML/CFT laws ✅Encouraging voluntary compliance with national and international regulations ✅Harmonising supervisory approaches across authorities ✅Ensuring consistent and effective enforcement actions The development of this policy reflects Seychelles’ commitment to global standards and the protection of its financial system from money laundering, terrorist financing, and other financial crimes. #DeneoPartners #ConsultingExperts #RegulatoryClarity #ForexSolutions #CorporateServices #Fintech #GlobalLicensing #GlobalFX #Corporate #Compliance #Accounting #Banking #PSPs #EMIs #AML #CFT #FIU #FSA #CentralBankofSeychelles #Seychelles #Cyprus

The Central Bank of UAE has recently announced the implementation of the Annual Skilled Persons Reviews of Financial Crime Compliance programs of the Licensed Financial Institutions operating in the UAE. All the LFIs must appoint a professional services firm to review their AML/CFT framework, including policy for combating proliferation financing and implementing Targeted Financial Sanctions.   Here is an infographic highlighting the critical element of this Annual Skilled Persons Review - who shall get their AML program reviewed, who can be appointed as a Reviewer and what shall be the scope of the review.   🌍 https://lnkd.in/dW-uYUm5   #AMLUAE #cbuae #aml #uaeaml #amlcft #antimoneylaundering #supervisorystrategy #amlcompliance #tfs #uae #targetedfinancialsanctions

Sharing for wider reach FASU has developed and published 10 AML/CTF Guidance to raise awareness to FIs and DNFBPs to meet specific obligations under the AML/CTF Act 2015. it is accessible on the BPNG website: https://lnkd.in/gKVxPRCd #pngamlctf #pngamlctfguidance #guidance

Risk and RegTech Roundup | 13 Oct - 19 Oct 2025 Powered By: SATOC Weekly News: Authorities seize ₹2,385 crore in crypto fraud, fine banks and investment firms in Iraq, Uzbekistan, South Africa, Sweden, and Canada for AML, prudential, and compliance failures. Read More: https://zurl.co/GFRRs Product Insights: https://zurl.co/4409 #AML #FinancialCrime #Compliance #CryptoFraud #Regulation #Banking #Enforcement #KYC #FinTech

⭕ Financial Action Task Force (FATF) published a targeted update on Virtual Assets and VASPs, calling for stronger global measures to mitigate money laundering risks in this fast-growing sector.  ▶️ Meanwhile, the report that I have authored on behalf of the Global Initiative against Transnational Organized Crime “Washing away crime - Money Laundering in the Western Balkans”, highlights how criminal actors are already leveraging remittance channels, digital currencies, trade schemes, and professional facilitators to launder illicit proceeds in our region.  🔴 This convergence of global rules catching up and regional exposure increasing, right now, demands urgent attention from regulators, anti-corruption bodies, and financial intelligence units. We must bridge the gap between global AML/CFT standards and local enforcement & policy. 🔵 This update isn’t just a policy bulletin; it’s a signal that illicit finance is evolving, and staying passive will leave our institutions behind. In the Western Balkans, where vulnerabilities are already exposed, promoting the use of these standards is key to disrupting transnational criminal networks. https://lnkd.in/dGDnpqMM #organizedcrime #illicitfinance #VASP