Week of
Seychelles, Czechia, Iraq and the Maldives published regulatory actions on AML/CFT, resolution funding, exchange licensing and restricted trading. The Central Bank of Seychelles issued a directive requiring bureaux de change, Housing Finance Company Limited, Development Bank of Seychelles, Seychelles Credit Union, leasing companies and payment service providers to implement recommended actions from the National ML/TF Risk Assessment, covering staff training, an independent compliance function and suspicious activity monitoring, with certain submissions due by 31 July 2026. The Czech National Bank set the 2026 annual target level of contributions to the Resolution Fund at CZK 956,579,204, based on estimated covered deposit claims as of 31 December 2026 to maintain the statutory 1% level, and decided to collect in full the difference between the fund's volume at the end of 2025 and the refined target without spreading it over multiple years. The Central Bank of Iraq granted Al-Khawatir Exchange Company Limited a category (B) money exchange company license and approved its authorized director, deputy, compliance director, internal audit and control director and AML/CFT unit director, on condition of full-time dedication. The Maldives Securities Depository issued a circular on the Restricted Persons list and restrictions on trading at prices differing from the listed price, requiring parties to check the list and comply with the Restricted Persons Management System. The week's weight sits with Seychelles and Czechia, whose records carry detailed requirements and figures, while Iraq and the Maldives address licensing and market conduct; the records share a supervisory focus but differ in subject and form.
Czechia
Official Communication of the Czech National Bank of February 10, 2026, setting the annual target level of contributions to the Resolution Fund for 2026
The Czech National Bank, as the resolution authority, sets the annual target level of contributions to the Resolution Fund for 2026 at CZK 956,579,204. The target level is based on the estimate of the total volume of covered deposit claims as of December 31, 2026, in order to maintain the statutory level of 1% of this volume. At the same time, the CNB decided that the difference between the volume of funds in the fund as of December 31, 2025, and the refined target volume will be collected in full without spreading over multiple years.
NoticeTranslated to EnglishCzech
Iraq
M/ Granting a Leave
The Central Bank of Iraq grants Al-Khawatir Exchange Company Limited a category (B) money exchange company license (No. 72 of 2026) under Article 4(2) of the Central Bank of Iraq Law No. 56 of 2004 and the Anti-Money Laundering and Counter-Terrorism Financing Law No. 39 of 2015, subject to CBI supervision. The letter also approves the appointment of the company's authorized director, his deputy, compliance director, internal audit and control director, and AML/CFT unit director, on condition of full-time dedication to their positions.
OtherTranslated to EnglishArabicLicensingAnti-money laundering
Maldives
Circular Number: 179-5/CIR/2026/1
The Maldives Securities Depository (MSD) issues a circular to companies with securities listed on the Maldives Stock Exchange, the Maldives Stock Exchange Company Pvt Ltd, MSD, and custodial companies, concerning the 'Restricted Persons' list and restrictions on trading securities at prices that differ from the listed price. It prohibits dealings in securities by persons who hold or may obtain such price-sensitive information, and requires all such parties to check the Restricted Persons list and comply with the Restricted Persons Management System maintained by the Authority.
CircularTranslated to EnglishDivehi
Seychelles
Directive – National Money Laundering and Terrorism Financing (ML/TF) Risk Assessment Recommended Actions
The Central Bank of Seychelles directs bureaux de change, Housing Finance Company Limited, Development Bank of Seychelles, Seychelles Credit Union, leasing companies and payment service providers/operators to implement recommended actions arising from the National ML/TF Risk Assessment published on 6 February 2025. The directive requires AML/CFT staff training, an independent compliance function, and effective suspicious activity monitoring and reporting, with certain submissions due to CBS by 31 July 2026.
DirectivePublished in EnglishEnglishAnti-money launderingReporting requirements
Generated by AI from the original publication: extracted, summarised and translated to English. In case of discrepancy, the original prevails; verify against it before relying on this summary.