Central Bank approves anti-money laundering and terrorism questionnaire

Juba, 28th July 2017. The Board of Directors of the Central Bank of South Sudan approved the Anti-Money Laundering and Combating the Financing Terrorism questionnaire, Governor.
Othom Rago Ajak who chairs the board told Journalists after four-day meeting on Thursday that the bank will use the system as a guide for setting up business relations with other financial institutions.
He says the board directed the management to finalize procurement regulations for approval in the next meeting.
Rago discloses that the Central Bank is coordinating with International Monetary Fund and some regional banks to build its capacity to formulate and implement new policy framework.
The official was briefing journalists after the conclusion of South Sudan Board of Directors meeting.