CBA, NCA and FRC follow up meeting: With Telecom Operators and Mobile Money Service providers in Somalia

Mogadishu, March 16th, 2023 – The Central Bank of Somalia, National Communication Authority and Financial Reporting Centre had a follow up meeting with Telecom Operators and Mobile Money Service Providers in Somalia to discuss the implementation of the orders issued by NAMLC some of which are relevant to them.
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The purpose of the meeting was to strength the relations and cooperation between government agencies and Telecommunication companies & Mobile money service providers operating in the country, Implementing decisions of the National Anti-money laundering committee and countering terrorist financing as a part of the financial disruption strategy.

Please click the link below for the NAMLC Press Release

Press Release

FRC Annual Report 2022

Physical Cash Transp..

The Financial Reporting Center had a fruitful meeting with mobile money service providers. The purpose of the engagement was to foster collaboration between mobile money service providers and FRC to ensure compliance with #AML/#CFT Act, and Reporting obligations. pic.twitter.com/Q10N1qWKef

4:05 pm · June 7, 2023

Somalia FRC

@somaliafrc

and those who fail to comply with the law will face consequences. The members and institutions involved in these matters should work together closely and avoid any actions that could create a gap between them. 3/3

9:33 am · May 9, 2023

Somalia FRC

@somaliafrc

They convened to discuss ways to accelerate NAMLC’s activities and implement the decisions and warnings they issued earlier on February 14, 2023. During the meeting, it was agreed that strict adherence to the Committee's decisions is necessary, 2/3

9:33 am · May 9, 2023

Somalia FRC

@somaliafrc

On May 7th, 2023, an important NAMLC meeting was held in Villa Somalia, attended by the President of the Federal government of Somalia H.E Hassan Sheikh Mohamoud and the Prime Minister of Federal government of Somalia H.E Hamza Abdi Barre. 1/3 pic.twitter.com/stgGEnqtwZ

9:33 am · May 9, 2023

Somalia FRC

@somaliafrc

3/3 The verification badge helps establish trust with our readers by assuring them that the information they're accessing is credible and comes from a legitimate and verified institution.

8:54 am · May 6, 2023