Crackdown on dirty money: New rules force banks to verify every customer’s identity
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Government has gazetted sweeping new measures aimed at strengthening customer identification and due diligence across Malawi’s banking sector, in a fresh crackdown designed to choke off money laundering and other financial crimes plaguing the countryCrackdown on dirty money: New rules force banks to verify every customer’s identity
Government has gazetted sweeping new measures aimed at strengthening customer identification and due diligence across Malawi’s banking sector, in a fresh crackdown designed to choke off money laundering and other financial crimes plaguing the country’s financial system. The new measures, contained in two notices issued under the Financial Crimes Act, formally revoke the previous 2018 […] The post Crackdown on dirty money: New rules force banks to verify every customer’s identity appeared first on Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times. Read more














