National MOU – Somalia Financial Reporting Center

National Cooperation

In accordance with Article 21 (5) of AML/CFT, Act 2016, the FRC can enter a Memoranda of Understanding (MoU) and other agreements with law enforcement agencies, national regulatory authorities and other competent authorities to share information that is necessary for the receiving authority to carry out its responsibilities and tasks.

Name	Website
Office of Attorney General	https://agosomalia.so/en
Somali Police Force	https://police.gov.so/en

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