M-RCBG Associate Working Paper No. 243

Risk Management: Lessons Learned from Afghanistan's Central Bank

Ajmal Ahmady

Abstract

This paper reviews the development of Afghanistan’s central bank (DAB) risk management practices, including both operational risk management and anti-money laundering (AML) and counter-financing of terrorism (CFT) risk management. We then develop a few principles that may be of use to policymakers from frontier economies as they review their own risk management regimes.

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