Legal News
Bank of Mozambique: Account Blocking, Restrictions Under New AML Laws
Mozambique·Wire Summary⏱️ 1 min read
The Banco de Moçambique informs the general public that, under Law No. 27/2022 of 29 December, which establishes the Legal Framework for Bank Accounts, and Law No. 3/2024 of 22 March, on Anti-Money Laundering and Counter-Terrorism Financing, credit institutions may block bank accounts and place restrictions on account balances as a preventive measure where there… Source
Get Deeper AI analysis
How does this affect you?
Get an AI analysis of this article grounded in your jurisdictions, practice areas, and any policy documents you've uploaded to Wansom.
Finish Reading the Full Story and the Expert Analysis.
Get the latest legal & regulatory intelligence in Mozambique
Instant access to full analysis, cited statutes & expert commentary
Customize your dashboard to track what matters to your business operations
Wansom is AI and can make mistakes.