As you are aware, the Money Laundering and Terrorist Financing National Risk Assessment (NRA) of Zambia was undertaken in 2016 in collaboration with all relevant stakeholders which included Ministries, Government Agencies, Law Enforcement Agencies, Supervisory Authorities, Reporting Entities and the Financial Intelligence Centre.

The Financial Intelligence Centre was designated by Government as a lead Agency to coordinate the National Risk Assessment Process. The main objectives of the assessment was to Identify and Understand the Money Laundering and Terrorist Financing Risks in the Country and follow Risk Based Approach to mitigating the risks.

The National Risk Assessment Report was approved by Cabinet on 14th August 2017 and launched by the Secretary to the Cabinet, DR. Roland Msiska on 22nd September, 2017.

The report provides comprehensive detail covering the country's status of Money Laundering and Terrorist Financing Risks. In addition an assessment of Financial Inclusion Products was undertaken with a view to understand Money Laundering and Terrorist Financing risks that may arise from both existing and any emerging services and products being offered in Zambia.

The report can be downloaded from the links below:

National Risk Assessment - 2016

Attachments:

NRA RESULTS CIRCULAR 1

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