The Commission is today issuing Instruction Number 02/2017 for Financial Services Businesses and Prescribed Businesses replacing Instruction No. 01/2016 issued on 25 January 2017.
Ethiopia has now been added to Part B of the Instructions, which lists countries and territories with Improving Global AML/CFT Compliance, following concerns about the lack of effective implementation of an adequate AML/CFT framework within the country. Further detail about the inclusion of Ethiopia can be found within the Instructions.
Copies of Instruction No. 02/2017 can be accessed on the Financial Crime section of the Commission’s website and via the below links:
10 April 2017