The Compliance Department of the Financial Intelligence Agency of Liberia (FIA) honored an invitation to conduct an Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Risk-Based Compliance Training for the Board of Directors and Senior Management of United Bank for Africa Liberia Limited (UBALL).

The FIA Team conveyed the regards of the Officer-in-Charge, Hon. Mohammed A. Nasser, and expressed appreciation to the Bank’s Board and Senior Management for the opportunity to strengthen institutional partnership, promote constructive dialogue, and advance capacity building at the highest level of corporate governance.

The engagement aimed to deepen the Board’s and Senior Management’s understanding of their respective responsibilities under Liberia’s AML/CFT legal and regulatory framework, with particular emphasis on governance and accountability, institutional risk assessment, effective oversight of money laundering and terrorist financing risks, and the consequences of regulatory non-compliance.

The engagement today, reflects the FIA’s continued commitment to fostering a collaborative regulatory environment in which partnership, dialogue, and capacity building complements an effective supervision to strengthen compliance, protect the integrity of Liberia’s financial system, and mitigate the risks of financial crime.

Meanwhile, Mr. Bobby Q. Harris, Manager of the Compliance Department of the FIA demonstrated a detailed presentation during the AML/ CFT awareness training.