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Investegate |BTP Advisers Limited Announcements | BTP Advisers Limited: BGFIBank DRC achieves AML30000 Certification

BGFIBank DRC achieves leading AML 30000® Certification to combat money laundering and terrorism financing Kinshasa, Democratic Republic of Congo, 16th December 2020 BGFIBank (BGFI) is the first bank in the Democratic Republic of Congo (DRC) and one of a select few in Subsaharan Africa to obtain the international certification AML 30000® , designed to combat money-laundering and terrorism financing (AML/CFT). BGFIBank DRC was advised by the Paris office of the leading American law firm, Hughes Hubbard & Reed LLP during an 18-month preparation process. The certification took 4 months and was completed on December 4th 2020. The assessment was carried out by Maghreb Corporate (a member of the IWK Group) and the certification issued by Paris-based COFICERT (Commission for Financial Certifications); two independent bodies, who confirm that BGFI is now compliant with AML 30000 standards and a set of criteria essential for the control and ris

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