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"id": 679960,
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"type": "speech",
"speaker_name": "Hon. A. B. Duale",
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"speaker": {
"id": 15,
"legal_name": "Aden Bare Duale",
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"content": "This amendment provides for the powers of the Centre to take administrative action against any person or institutions for non-compliance. These are conventional banks, SMEs, micro-finance institutions, FOREX bureaus or hawallas who violate, in one or the other, the code of conduct that is given to them by the Financial Reporting Centre on a daily, weekly and monthly basis. If they violate that, this amendment gives powers to the Centre to take administrative actions against any person or institutions."
}