Welcome to our dedicated webpage on Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) in Rwanda. In a world where financial security is paramount, understanding and effectively combating money laundering and terrorist financing have become critical for maintaining the integrity of both national and global financial systems.
Our focus here is to provide comprehensive insights into the AML-CFT landscape as it pertains to Rwanda, a nation uniquely positioned in the heart of Africa. With its dynamic economy, Rwanda faces both opportunities and challenges in the realm of financial security. This webpage serves as a resource for exploring these complexities, offering in-depth analysis, strategies, and updates on AML-CFT efforts within Rwanda and in its interactions with neighboring countries, particularly the Democratic Republic of the Congo (DRC) and South Sudan.
AUTOMATIC RULES:
There are mathematical and filtering rules used in detecting suspicious transactions for AML (Anti-Money Laundering) and CFT (Countering Financing of Terrorism) purposes. These rules are typically implemented through automated systems and algorithms within financial institutions. Here are some of the key methods.MANUAL DETECTION RULES:
Detecting suspicious transactions that might indicate money laundering (AML) or terrorist financing (CFT) involves vigilance and an understanding of certain indicators or 'red flags'. Here are some general rules and guidelines applicable for spotting such transactions.MobiCore Statements international financial blacklist databases Recon
Accessing these international financial blacklist databases generally involves visiting the respective websites of the organizations that maintain them. Here's how you can access each of them:
1. FATF (Financial Action Task Force) Blacklist:
- Visit the FATF website.
- Look for publications or reports on countries with strategic deficiencies in anti-money laundering and counter-terrorist financing.
MOBICORE-KYC
MOBICORE-Transactions
- Access Bank
- BPR Bank
- Cogebank
- Equity Bank
- GT Bank
- I&m Bank
2. OFAC (Office of Foreign Assets Control) Sanctions List:
- Go to the U.S. Treasury website.
- Access the Sanctions List Search tool or download the list in various formats.
MOBICORE-KYC
MOBICORE-Transactions
- Access Bank
- BPR Bank
- Cogebank
- Equity Bank
- GT Bank
- I&m Bank
3. UN Sanctions List:
- Visit the United Nations Security Council's Sanctions Committees' webpage .
- Select the relevant committee to view their sanctions list.
MOBICORE-KYC
MOBICORE-Transactions
- Access Bank
- BPR Bank
- Cogebank
- Equity Bank
- GT Bank
- I&m Bank
4. UEU Financial Sanctions List:
- Access the European External Action Service (EEAS) website.
- Search for the consolidated list of persons, groups, and entities subject to EU financial sanctions.
MOBICORE-KYC
MOBICORE-Transactions
- Access Bank
- BPR Bank
- Cogebank
- Equity Bank
- GT Bank
- I&m Bank
5. HM Treasury's Sanctions List (UK):
- Visit the UK Government website
- Access the consolidated list of financial sanctions targets in the UK.
MOBICORE-KYC
MOBICORE-Transactions
- Access Bank
- BPR Bank
- Cogebank
- Equity Bank
- GT Bank
- I&m Bank
6. Interpol Red Notices:
- Go to the Interpol official website
- Check the "Notices" section for Red Notices.
MOBICORE-KYC
MOBICORE-Transactions
- Access Bank
- BPR Bank
- Cogebank
- Equity Bank
- GT Bank
- I&m Bank
7. World Bank's List of Ineligible Firms & Individuals:
- Visit the World Bank's website.
- Look for the 'Sanctions System' or 'Debarred & Cross-Debarred Firms & Individuals' list.
MOBICORE-KYC
MOBICORE-Transactions
- Access Bank
- BPR Bank
- Cogebank
- Equity Bank
- GT Bank
- I&m Bank
8. Asian Development Bank Sanctions List:
- Access the ADB website.
- Search for 'Integrity and Anti-Corruption', and find the 'Sanctions' section.
MOBICORE-KYC
MOBICORE-Transactions
- Access Bank
- BPR Bank
- Cogebank
- Equity Bank
- GT Bank
- I&m Bank