The Director of Somalia Financial Reporting Center (FRC) met representatives of new banks.
During the meeting, the Director discussed issues such as AML/CFT compliance. They also talked about AML/CFT cooperation.
Furthermore, staff from FRC took the opportunity to educate the representatives on issues such as FRC reporting guidelines.
Representatives of the new banks also benefited from talks on FRC requirements and ways of ensuring that cooperation with the center proceed unhindered.