FinTRACA - Financial Transactions and Reports Analysis Center of Afghanistan

Annual Report 2017
Annual Report 2016

Licensing Moratorium of Money Service Providers and Foreign Exchange Dealers

In order to improve AML/CFT compliance regime and regulatory framework in Money Service Providers and Foreign Exchange Dealers sector; Supreme Council of Da Afghanistan Bank (Central Bank) issued the following resolution # 71 dated 14th Jan 2017;

For the time being, issuing new licenses to Foreign Exchange Dealers, Money Service Providers and its branches shall be stopped in municipal districts of Kabul, Herat, Kandahar, Mazar-e-Sharif and Jalalabad cities. Those who already applied or the application is being processed by Financial Supervision Department and those who may apply for new license as legal entity or registered company in accordance to the law; are exempted of this resolution.