CBN Orders Banks To Regularly Monitor Political Appointees’ Accounts

The Central Bank of Nigeria, CBN, has ordered banks and other financial institutions in the country to regularly screen accounts of Politically Exposed Persons. It stated this in its circular to banks and other financial institutions on Friday titled, ‘Guidance notes on Politically Exposed Persons’, which was signed by the Director, Financial Policy and Regulation … Continue reading CBN Orders Banks To Regularly Monitor Political Appointees’ Accounts