Since 2020 Lebanon has been embroiled in continuous pull and push attempts to audit the Country’s Central Bank Account. The main tussle has been the fear that once the audit is made the whole country will know the level of corruption in Government through the Central Bank, so serious was this fear that the Country’s
Nigeria’s new Money Laundering Prohibition and Prevention Act 2022 became law in May. It contains key provisions that are relevant to business startups in the country. The legislation says international transfer of funds or securities to or from a foreign country exceeding $10,000 is to be reported within one day of the transaction. Below are
