CIN
3 Dec 2020
• Inducts 242 members The Compliance Institute of Nigeria (CIN) has restated its commitment to the implementation of Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) as preventive measures in the financial services sector. The move, the institute said, was pertinent following the global compliance landscape that is constantly evolving due to the dynamic nature…
3 Sep 2020
Plans are underway by the Compliance Institute Nigeria (CIN), in partnership with the Centre for a New American Security (CNAS), to address challenges in sanctions compliance and implementation update on cryptocurrency. The duo, a coalition of global compliance professionals and business leaders, said the move was pertinent for policymakers across the continent to look…
28 Nov 2019
Even as banks around the world are reducing their correspondent banking relationships, focusing in particular on high-risk jurisdictions, de-risking in Africa is said to have significantly reduced as correspondent banks have begun to open relationships. The Guardian learnt that as the level of de-risking has reduced, statistics shows that four out of five banks are…
3 Sep 2019
To avoid sanctions on financial transactions by the United States government, Nigerian banks and other financial institutions have been urged to increase their standards on compliance for national security.
29 Nov 2018
The Compliance Institute of Nigeria (CIN), is entering into a strategic partnership with the Association of Certified Anti-Money Laundering Specialists (ACAMS) of Florida, United States of America, with a view to enhancing the value of its certification. The Guardian learnt that the partnership would provide members with a wide range of compliance professional resources at…
12 Dec 2017
Experts in anti-moneylaundering matters have lauded the establishment of Compliance Institute of Nigeria (CIN) address capacity gaps and promote best practice standards for compliance profession. They submitted that the CIN would contribute to deepening compliance for effective implementation of Anti-Money Laundering and Combating the Financing of Terrorism standards (AML/CFT) preventive measures, within the financial services…
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