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.