Guideline 2026
Guidance Notes on the Prevention of Money Laundering and Countering the Financing of Terrorism, Proliferation and Managing Related Risks, 2026
Issued by Bank of Jamaica
Plain-English summary
Gazetted guidance (Jamaica Gazette Extraordinary, Miscellaneous No. 383, 17 June 2026) for entities regulated by the Bank of Jamaica under POCA, the Terrorism Prevention Act and the UNSCR Implementation Act, including banks, building societies, credit unions, cambios, remittance agents and microcredit institutions. It describes itself as substantially revised since the 2018 edition, which BOJ lists as the previous version, and covers risk-based AML/CFT/CPF controls, KYC and CDD, disclosure and the nominated officer regime.
Who it applies to
Banking · NBFC / Non-bank Lending · Payments & Fintech
Topics
AML / CFT / Sanctions
Latest news
-
US sanctions bill targets Russian energy sector under Graham legislation
3 Oct 2026
Proposed United States legislation aims to impose sanctions targeting Russia's energy infrastructure and related financial flows. Named in honor of the late Senator Lindsey Graham, who was a prominent Ukraine aid…
-
AUSTRAC Examines Western Union AML Controls and Transaction Monitoring
26 Sep 2026
Australia's financial intelligence unit has initiated a formal investigation into Western Union's anti-money laundering framework and compliance infrastructure. The regulatory examination focuses on the company's…
-
RBI penalizes Ola Financial Services for KYC compliance failures
25 Sep 2026
The Reserve Bank of India imposed a monetary penalty of ₹3.10 lakh on Ola Financial Services Private Limited for non-compliance with KYC directions under the Payment and Settlement Systems Act, 2007. Following a…