GUIDANCE FOR ECMA LICENSEES ON CUSTOMER DUE DILIGENCE AND REPORTING UNDER AML/CFT
The primary goal of Money Launderers is to make their transactions indistinguishable from legitimate transactions. The specificity of the securities Industry is that it can be used both to launder illicit funds obtained elsewhere and to generate illicit profits within the industry itself through additional fraudulent activities such as market manipulation, insider trading, etc. However, […]
AML/CFT COMPLIANCE TRAINING REGIME FOR MARKET INTERMEDIARIES AND CAPITAL MARKET SERVICE PROVIDERS
This guideline is intended to provide a comprehensive framework for Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) training programs for Capital Market Service Providers and Market Intermediaries licensed by the Ethiopian Capital Market Authority.
Supervision Guideline with Templates V1.0
The Ethiopian Capital Market Authority (ECMA) has released the Supervision Guidelines for Capital Market Service Providers, Exchanges, Over-the-Counter Markets, Market Infrastructures, and Self-Regulatory Organizations — a key milestone in shaping a transparent, resilient, and well-regulated capital market in Ethiopia. The Guideline provides practical direction on supervision principles, compliance expectations, inspection processes, and reporting obligations for […]