The Financial Intelligence Centre (the Centre) is the Financial Intelligence Unit (FIU) of the Government of the Republic of Zambia which was established in November, 2010 by an Act of Parliament, hereafter called, ‘‘the Financial Intelligence Centre Act, No. 46 of 2010.’’  The Centre is the sole designated National Agency mandated to receive, request, analyze and disseminate disclosure of information concerning suspected Money Laundering (ML), Terrorist Financing (TF) and other serious offences to competent authorities for investigations with the view of assisting with combatting ML, TF and other serious offences.

VISION

A Zambia with a stable financial system free from financial crimes.

MISSION

A sole statutory agency dedicated to providing timely, high quality, impartial and actionable financial intelligence to law enforcement agencies and foreign designated authorities in order to eliminate financial crimes in Zambia.

FUNCTIONS

The Centre is the sole designated Agency responsible for the receipt, requesting, analysing and disseminating disclosure of suspicious transactions reports. Notwithstanding the generality of the foregoing, the functions of the Centre are to:

  1. receive, request and analyse suspicious transaction reports required to be made under the Financial Intelligence Centre Act, No. 46 of 2010 or any other written aw, including information from any foreign designated authority
  2. analyse and evaluate suspicious transaction reports and information so as to determine whether there is sufficient basis to transmit reports for investigation by the law enforcement agencies or a foreign designated authority
  3. disseminate information to law enforcement agencies, where there are reasonable grounds to suspect money laundering or financing of terrorism
  4. provide information relating to suspicious transactions in accordance with the Act  to any foreign designated authority, subject to such conditions as the Director may determine
  5. provide information, advice and assistance to law enforcement agencies in furtherance of an investigation
  6. enter into any agreement or arrangement, in writing, with a foreign designated authority which the Centre considers necessary or desirable for the discharge or performance of its functions
  7. conduct inquiries on behalf of foreign designated authorities and notify them of the outcome
  8. inform the public and reporting entities of their obligations and measures that have been or might be taken to detect, prevent and deter money laundering and financing of terrorism
  9. access directly or indirectly, on a timely basis financial, administrative or law enforcement information, required for the better carrying out of its functions under the Act
  10. perform such other functions as are necessary to give effect to the Act.

VALUES

The Centre provides services to its stakeholders with integrity, impartiality, honesty, accountability, transparency, confidentiality and excellence.

  • Integrity: Conducting oneself in a manner that is above reproach and does not compromise the reputation of the Centre
  • Transparency: Being fair, impartial, open and honest manner, in providing information to stakeholders unless the withholding of that information is necessary in the public interest
  • Honesty: Being truthful and sincere to the interests and mission of the Centre
  • Excellence: Being diligent, committed, efficient and effective in the execution of one’s duties
  • Confidentiality: Uphold the highest levels of confidentiality by not revealing or disclosing privileged information, even after one has left the Centre
  • Impartiality: Acting solely on the merits of the case and serving stakeholders fairly
  • Accountability: Being responsible to the Centre for decisions and actions taken