国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

South Sudan's central bank orders banks to suspend transactions in Kenyan currency

Source: Xinhua| 2019-07-01 20:24:11|Editor: Wu Qin
Video PlayerClose

JUBA, July 1 (Xinhua) -- South Sudan's central bank on Monday directed all commercial banks to suspend transaction in Kenyan currency until October as demanded by its Kenyan counterpart in a bid to curb illicit financial flows and counterfeit.

The Bank of South Sudan (BOSS) in a circular issued in Juba said the move was necessary to curb illicit financial flows and counterfeits.

"The Central Bank of Kenya has informed us that it has started issuance of a new series of Kenyan shillings banknotes. The measure is partly intended to combat the emerging concerns of illicit financial flows and counterfeits," said Moses Makur Deng, director general for banking supervision, research and statistics at BOSS.

It added that the directive will help discourage illicit transactions in Kenyan currency in South Sudan during and beyond the period of conversion from old Kenyan shilling banknotes to the new ones.

"Given these concerns, the Bank of South Sudan hereby direct all the commercial banks and other non-bank financial institutions to be vigilant and to subject all such transactions to strict due diligence," it said.

"We are specifically directing you to immediately stop accepting deposits in Kenyan shillings to ensure that illicit flows in Kenyan shillings do not return to Kenya's financial system through financial institutions in South Sudan," it added.

BOSS also called on the financial institutions it overseas to share with it relevant information and intelligence on any illicit transaction.

The Central Bank of Kenya (CBK) has kicked off the process of phasing out old notes in circulation and replacing them with new generation currency notes.

Kenya is withdrawing the old 1,000 shilling note with a new note in an exercise expected to be complete by Oct. 1.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001381897101
主站蜘蛛池模板: 北流市| 南昌市| 南和县| 台州市| 富川| 昭苏县| 剑河县| 临邑县| 蓝山县| 阳西县| 滕州市| 仲巴县| 湖南省| 额济纳旗| 阿坝县| 胶南市| 通山县| 五寨县| 汤原县| 黄石市| 东兴市| 陆丰市| 钟祥市| 铅山县| 潢川县| 南部县| 宜宾县| 永州市| 安义县| 台南市| 香格里拉县| 五峰| 佛教| 方城县| 安义县| 民勤县| 安阳县| 杭锦后旗| 天柱县| 满洲里市| 滨州市|