On 28^th November 2025, Financial Intelligence Centre (FIC) meets with Real Estate sector operators to discuss findings from a recent inspection. The inspection assessed how well the sector complies with Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) obligations. Key gaps identified include inadequate AML/CFT policies and procedures, weak internal risk assessments, and poor Customer Due Diligence (CDD) practices. Additionally, some operators fail to properly report suspicious transactions.

The Real Estate sector contributes around 16% of Rwanda’s GDP, making its integrity vital for the country’s economic growth. FIC emphasizes the need for operators to work together to strengthen compliance and prevent criminal exploitation. The Centre recommends that all operators effectively implement comprehensive AML/CFT programs, including conducting internal risk assessments, establishing strong Customer Due Diligence (CDD) measures, maintaining proper record-keeping, and properly reporting suspicious transactions.