Follow-Up Report to Zambia's assessment of anti-money laundering and counter-terrorist financing measures

Publication details

Language

English

Country

Zambia

ESAAMLG-Zambia-FUR-2022

Filename
ESAAMLG-Zambia-FUR-2022.pdf
Size
941 KB
Format
application/pdf
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Follow-Up Report to Zambia's assessment of anti-money laundering and counter-terrorist financing measures

Zambia has made progress in addressing some of the technical compliance deficiencies identified in its MER and FUR.

  • Recommendation 7 (Initially rated NC) is re-rated to PC
  • Recommendation 5, which was being re-rated due to changes to the law, initially rated LC is downgraded to PC
  • Recommendation 2,  which was being re-rated due to changes made to the FATF Standards, initially rated LC is downgraded to PC

Zambia will remain in enhanced follow-up given outstanding deficiencies in other Recommendations as well as in the Immediate Outcomes.