|
The Nigerian Financial Intelligence Unit (NFIU) is the central national agency in Nigeria, responsible for the receipt and analysis of financial disclosure (Currency transaction reports and Suspicious transaction reports) and dissemination of intelligence generated there-from, to competent authorities. |
|
Read more...
|
|
|
FINANCIAL ACTION TASK FORCE (FATF) PUBLISHES REVISED RECOMMENDATIONS |
|
In attempt to strengthen global safe-guards and further protect the integrity of the financial system, the FATF on 16th February, 2012, published the reverse international standards on anti-money laundering and combating the financing of terrorism (AML/CFT). |
|
Read more...
|
|
IMF Extends Technical Assistance to Nigeria |
|
Following a request for technical assistance by the NFIU to the IMF, the IMF graciously approved a technical assistance project in support of Nigeria's AML/CFT framework. The project which was to be implemented in phases, started with a mision visit to Nigeria. |
|
Read more...
|
|
|
Enactment of Money Laundering (Prohibition) Act & Prevention of Terrorism Act |
|
The NFIU was at the fore front of the drive to the signing into law of the above bills. Nigeria had faced the risk of being black-listed once again by the FATF if the Anti-Terrorism Bill and the Amended Money Laundering Prohibition Act were not passed by Mid-June 2011. |
|
Read more...
|
|
NIGERIAN BANKS GET NEW DEADLINE TO COMPLY WITH XML 3.1 |
|
Thursday, 21 July 2011 09:01 |
|
The Nigerian Financial Intelligence Unit (NFIU) has announced Monday, 11th July 2011, as the deadline for all banks and other reporting entities in the country to comply with the new XML 3.1 reporting platform. |
|
Read more...
|
|
|
