AML/CFT supervisory responsibilities

1. Developing and implementing effective supervisory frameworks for AML/CFT.
2. Conducting risk assessments of financial institutions and the financial sector to determine their ML/TF/PF risk profiles.
3. Monitoring and supervising financial institutions management and compliance with AML/CTF.
4. Providing guidance to financial institutions to effectively manage ML/TF/PF risks.
5. Coordinating with other national and international authorities to combat ML/TF/PF.
6. Taking appropriate enforcement actions against financial institutions that fail to comply with AML/CFT laws and regulations.