Summary of Proposed Draft Rules for Money Act (2025)
Summary of Proposed Draft Rules for Money Act (2025)
Draft Money Act Rules Aim to Boost Financial Oversight
A draft of the 2025 Money Act rules proposes tighter financial regulations, stronger compliance, and enhanced transparency. Key features include stricter recordkeeping, due diligence, digital transaction oversight, and expanded regulatory powers.
The rules also promote international cooperation against illicit finance. Stakeholder feedback is invited before finalization.
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