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 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.