The Expanding Scope of Lawyers’ AML/CFT Obligations In Nigeria: Compliance Duties Under Scuml and the Money Laundering (Prevention And Prohibition) Act 2022
Nigerian lawyers must now comply with AML/CFT obligations under the MLPP Act 2022 and SCUML Regulations when undertaking specified client transactions, while navigating the continuing tension between regulatory duties and legal professional privilege through risk-based compliance measures.
