SANAA, Oct. 31 (Saba) - Governor of the Central Bank of Yemen Dr. Rashid Abulahom on Wednesday affirmed the Bank’s keenness to develop capabilities of Yemeni banking cadres to meet the international requirements of anti-money laundering (AML) compliance and combat terrorist financing.
At the opening of the qualifying program for anti-money laundering specialist certificate, organized by the Banking Studies Institute, Dr. Abulahom said that the Central Bank seeks to train 50 trainees in this field in 2019.
He added that “this will open wide horizons for Yemeni banks to find areas of cooperation with international organizations and correspondent banks abroad.”
The Bank’s Governor pointed out that the year 2020 would witness a qualitative training for major exchange companies to expand the scope of compliance and its requirements in these companies.
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