In an ever-evolving financial landscape, regulations play a pivotal role in ensuring transparency and efficiency. One such directive issued by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) to the Central Securities Depository Botswana (CSDB) has...
Customer Due Diligence (CDD), also known as the “Know-Your-Client” (KYC) process, is a cornerstone of an effective Anti-Money Laundering (AML) strategy. CDD involves verifying customer identities, assessing risk profiles, and continuously monitoring transactions to...