A circular provides supplementary guidance for financial institutions (FIs) to enhance their ability to detect and handle risks associated with sanctions. FIs must maintain rigorous oversight from their Board and Senior Management regarding sanctions-related risks. Additionally, they should improve their sanctions detection capabilities. FIs should assess their anti-money laundering (AML) and counter-financing of terrorism (CFT) frameworks and controls using the guidance here and enhance them if any deficiencies are identified.
View full circular here.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}