Going forward, as the extent of current containment measures and global developments will start to be fully realized over the next six to nine months, we forecast real GDP to further contract by -6.6 percent in the year ending December 2020"
Central Bank Issues Warning on Cryptocurrencies
21 February 2019, Apia Samoa. The Central Bank of Samoa (“Central Bank”) wishes to remind the public that any cryptocurrency promoters who wish to carry out promotion or presentations in Samoa must first seek the approval of the Central Bank. This is in accordance with the recently passed amendments to the Money Laundering Prevention Act […]
Central Bank Questions EU’s Unofficial Blacklist
The Central Bank of Samoa wishes to clarify the recent blacklisting of Samoa by the European Union (EU) for “Strategic deficiencies in its Anti-Money Laundering and Counter terrorism financing framework”. Samoa has always been a willing member in the global fight against money laundering and terrorism financing, including adopting the global standards to combat them. […]
