From 60b55a5eff4883ad4423f8a98504c9495bc65bb6 Mon Sep 17 00:00:00 2001
From: compass-admin <admin@compass.local>
Date: Thu, 23 Apr 2026 17:55:20 +0000
Subject: [PATCH] [RegulatoryObligation] new_node: Mandatory sanctions
 screening for cross-border retail remittances

---
 .../reg-cbn-2026-001-new_node/up.cypher           | 15 +++++++++++++++
 1 file changed, 15 insertions(+)
 create mode 100644 proposals/2026-04-23/reg-cbn-2026-001-new_node/up.cypher

diff --git a/proposals/2026-04-23/reg-cbn-2026-001-new_node/up.cypher b/proposals/2026-04-23/reg-cbn-2026-001-new_node/up.cypher
new file mode 100644
index 0000000..8847985
--- /dev/null
+++ b/proposals/2026-04-23/reg-cbn-2026-001-new_node/up.cypher
@@ -0,0 +1,15 @@
+// new_node :: RegulatoryObligation :: urn:cab:compliance:l1:obligation/reg-cbn-2026-001
+MERGE (n:CompassEntity:RegulatoryObligation {urn: 'urn:cab:compliance:l1:obligation/reg-cbn-2026-001'})
+  ON CREATE SET
+  n.id = 'REG-CBN-2026-001',
+  n.created_at = datetime(),
+  n.updated_at = datetime()
+SET
+  n.name = 'Mandatory sanctions screening for cross-border retail remittances',
+  n.business_purpose = 'Licensed institutions must perform real-time sanctions screening against consolidated OFAC, UN, EU, and UK sanctions lists for all inbound and outbound cross-border retail remittances exceeding USD 1,000 or naira equivalent. This ensures compliance with international sanctions and prevents illicit financial flows. Screening evidence must be retained for seven years and produced to the CBN on request within 48 hours.',
+  n.jurisdiction = 'NG',
+  n.regulator = 'CBN',
+  n.effective_date = date('2026-05-01'),
+  n.source_doc = 'CBN-2026-CIR-061',
+  n.status = 'upcoming',
+  n.updated_at = datetime();