In accordance with Article 14 of AML/CFT Act, 2016, the reporting entities defined in Article 4 (1), (Financial Institutions, such as Banks and Money Transfer Businesses (Hawaalas)) should report large cash transaction report to the Financial Reporting Center (FRC). The table below illustrates the reported LCTRs during the stated reporting period.

Bushra Bank, CEO, Mr. Suleiman Abdella has paid a visit to the FRC compound and received a briefing from FRC on ongoing activities and programs. see more info ➡️… #MENAFATF #AML/#CFT #Somaliafrc @BBBankso