Afghanistan Banks Association

د افغانستان د بانکونو ټولنه
Afghanistan Banks Association
Voice of The Banks

Afghanistan Banks Association

ABA Achievements on Amendment of the banking regulation

Date: March 30, 2021

ABA is continuously lobbing with DAB to consider ABA/banks comments on the laws, regulations and other regulatory documents, luckily, as part of our consultative process, our comments have been incorporated in the AML/CFT regulation by DAB on March 16, 2021 for final review. ABA shared the regulation with banks asked for final review.
Since some of banks comments on AML/CFT regulation was not considered by DAB, ABA organized the GRCC meeting on March 30, 2021, to discuss all member banks comments, make it final and submit to DAB for reconsideration. ABA also communicated with DAB for convening the meeting to for further deliberation and convincement.

Development of Repo and Reverse Repo Regulation
In order to facilitate treasury investment in the country, ABA raised the issue with DAB in the CBCG meeting, asked H.E. Governor to provide regulation for the banks. As a result of ABA’s Treasury Committee several meetings, the Repo and Reserve Repo regulation was developed and submitted to DAB for approval.