Act 2023 status not recorded
Loi uniforme relative à la lutte contre le blanchiment de capitaux, le financement du terrorisme et de la prolifération des armes de destruction massive dans les États membres de l'Union Monétaire Ouest Africaine (Uniform Law on combating money laundering, terrorist financing and proliferation financing in UMOA member states)
Issued by Banque Centrale des États de l'Afrique de l'Ouest (Central Bank of the West African States)
Plain-English summary
Regional uniform law adopted by the UMOA Council of Ministers on 31 March 2023, according to the BCEAO regulations page, which published it on 5 February 2025. Arts. 12-14 set organisation and internal control, Arts. 16-20 customer due diligence, Art. 23 ten-year record keeping, Arts. 58-59 virtual asset service providers and Arts. 60-61 suspicious transaction declaration. Mali's ordinance of 2024 carries the same article numbers for these provisions.
Who it applies to
Banking · Insurance · Capital Markets · Payments & Fintech · Crypto / VDA · DNFBPs (Lawyers, Accountants, Dealers)
Topics
AML / CFT / Sanctions
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