PROCLAMATION No. 780/2013 A PROCLAMATION ON PREVENTION AND SUPPRESSION OF MONEY LAUNDERING AND FINANCING OF TERRORISM WHEREAS, money laundering and financing of terrorism not only threaten security but also compromise the stability, […]
PROCLAMATION NO. 657/2009. A PROCLAMATION ON PREVENTION AND SUPPRESSION OF MONEY LAUNDERING AND THE FINANCING OF TERRORISM
Brief note This law compels banking and financial institutions and other persons referred to as ‘accountable persons’ to disclose information they obtained from their customers. This in effect significantly changes the law […]
LICENSING AND SUPERVISION OF BANKING BUSINESS -Ethiopian National Bank Directives « Ethiopian Legal Breif
Directives No. SBB/46/2010 Customer Due Diligence of Banks WHEREAS, sound know your customer policies and procedures constitute an essential part of internal control and risk management aspects of banks; WHEREAS, there is […]