The Central Bank of Nigeria (CBN) has unveiled a draft regulatory framework aimed at overhauling the country’s anti-money laundering (AML) systems through the adoption of artificial intelligence (AI) and machine learning (ML) technologies. In a circular dated May 20, 2025, and addressed to all regulated financial institutions, the CBN said the proposed standards respond to … Continue reading CBN Sets One-Year Deadline For New AI-Powered Anti-Money Laundering Standards