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

Publication details

Language

English

Country

Zimbabwe

Topic

Mutual Evaluations

Zimbabwe has made progress in addressing some of the technical compliance deficiencies identified in its MER.

Recommendation 1 is re-rated from Partially Compliant to Largely Compliant
Recommendation 24 is re-rated from Non Compliant to Largely Compliant

On Recommendations that are being re rated due to the changes made to the FATF Standards:

R.2 (originally rated LC) has been downgraded to PC
R.5 (originally rated C) has been downgraded to LC
R.15 (re rated to C in the previous FUR) has been downgraded to PC
R.21 (originally rated C) remains C

Zimbabwe will remain in enhanced follow-up and will continue to inform ESAAMLG of the progress made in improving and implementing its AML/CFT measures.

ESAAMLG Follow-Up Report Zimbabwe - 2021

Filename: ESAAMLG-Follow-Up-Report-Zimbabwe-2021.pdf
Size: 609 KB
Format: application/pdf

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Earlier reports

5 Nov 2019

Zimbabwe's progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report analyses the progress of Zimbabwe in addressing the technical compliance deficiencies identified in its MER
25 Jul 2019

Zimbabwe's progress in strengthening measures to tackle money laundering and terrorist financing Following an enhanced follow-up period, ESSAMLG Task Force approved Zimbabwe's re-ratings on 10 Recommendations.
3 Jan 2017

Zimbabwe's measures to combat money laundering and terrorist financing The Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) completed its assessment of Zimbabwe's anti-money laundering and counter-terrorist financing (AML/CFT) system. The assessment is a comprehensive review of the effectiveness of Zimbabwe's AML/CFT system and its level of compliance with the FATF Recommendations. This assessment was conducted under the responsibility of the ESAAMLG, adopted by the Council of Ministers at its September 2016 Plenary meeting. The findings of this assessment have also been reviewed and endorsed by the FATF.
15 Aug 2007

Mutual Evaluation of Zimbabwe Zimbabwe is a member of ESAAMLG, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT) measures in Zimbabwe was conducted by ESAAMLG.

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ESAAMLG

The FATF Recommendations

The FATF Recommendations are the basis on which all countries should meet the shared objective of tackling money laundering, terrorist financing and the financing of proliferation. The FATF calls upon all countries to effectively implement these measures in their national systems.

Mutual Evaluations

The FATF conducts peer reviews of each member on an ongoing basis to assess levels of implementation of the FATF Recommendations, providing an in-depth description and analysis of each country’s system for preventing criminal abuse of the financial system

Read more Consolidated assessment ratings