Crackdown on dirty money: New rules force banks to verify every customer’s identity
Nyasa Times18h ago1 newsroom
Government has gazetted sweeping new measures aimed at strengthening customer identification and due diligence across Malawi’s banking sector, in a fresh crackdown designed to choke off money laundering and other financial crimes plaguing the country’s financial system. The new measures, contained in two notices issued under the Financial Crimes Act…