Nigeria is strengthening its Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT) and Counter-Proliferation Financing (CPF) framework ahead of its 2027 FATF mutual evaluation. Nigeria’s exit from the FATF grey list in October 2025 was an important milestone, but effective enforcement and…
The authorities in their bid to combat financial crimes have intensified their efforts on particularly money laundering and terrorism financing, while safeguarding the stability and integrity of both national and international economies. To foster awareness and enforce rigorous implementation of…
The United Arab Emirates has rapidly cemented its status as a premier global hub for finance, trade, and innovation. With this prestige, however, comes an elevated risk of financial crime. For businesses operating in the UAE, understanding the intricate relationship…
In 2025, the Financial Action Task Force (FATF) acknowledged Nigeria’s significant strides in fortifying its Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) framework. Despite this progress, Nigeria remains on the FATF’s “grey list” of jurisdictions under increased monitoring, a status…
Financial Institutions (FIs) and Designated Non-Financial Businesses and Professions (DNFBPs) have significantly evolved their service delivery through technological innovation. A key aspect of this evolution is the onboarding and servicing of Non-Face-to-Face (NFTF) customers. While this digital shift offers convenience…
With the rise globally of money launderers and financial criminals increasingly exploiting technological advancements to conduct financial crimes, and taking advantage of loopholes in Dubai money laundering regulations and technology to find new ways of placing and layering illicit funds.…