The Rwanda Capital Markets Authority held a training session for its licensed capital market players to strengthen compliance with Anti-Money Laundering (AML) requirements, with the Financial Intelligence Centre facilitating. The authority’s Chief Executive Officer, Thapelo Tsheole, underscored the importance of AML, Counter-Terrorist Financing and Counter-Proliferation Financing (AML/CFT/CPF) compliance and framed adherence to global standards as mandatory for licensed intermediaries. The training covered practical implementation of risk-based approaches, beneficial ownership transparency, customer due diligence and enhanced due diligence, as well as internal controls and governance. It also addressed targeted financial sanctions and reporting obligations, with a focus on helping firms identify and mitigate money laundering, terrorist financing and proliferation financing risks.
Rwanda Capital Markets Authority 2025-02-12
Rwanda Capital Markets Authority trains licensed intermediaries on AML CFT and CPF compliance
The Rwanda Capital Markets Authority held a training for licensed market players to enhance compliance with Anti-Money Laundering (AML) requirements, facilitated by the Financial Intelligence Centre. CEO Thapelo Tsheole emphasized adhering to global AML, Counter-Terrorist Financing, and Counter-Proliferation Financing standards. The session covered risk-based approaches, beneficial ownership transparency, due diligence, internal controls, and targeted financial sanctions.