Anti-Money Laundering Policy

The Nigerian Bar Association (NBA) is committed to the fight against money laundering, terrorism, bribery and corruption and other financial crimes. Therefore, NBA will continuously implement an Anti-Money Laundering (“AML”) policy; and Combat the Financing of Terrorism (“CFT”). The policy will be regularly reviewed to ensure they remain relevant and effective in line with global best practices.

The NBA is subject to applicable legislation designed to prevent money laundering as stipulated and enacted by Articles 55-66 of its Rules of Professional Conduct, 2023.

 

Cooperation With Regulators and Law Enforcement

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In the fight against money laundering, financial terrorism and other financial crimes, the NBA understands that it has the duty to cooperate with regulatory and law enforcement agencies. Therefore, NBA shall promptly comply with all requests and provide information to regulators and relevant agencies. Members are therefore advised to remain vigilant and alert.