Malawi - Mutual Evaluation Report : Anti-Money Laundering and Combating the Financing of Terrorism

World Bank

Washington, DC

关键词: ABUSE;    ACCOUNTING;    ADMINISTRATION OF JUSTICE;    ANTI-CORRUPTION;    ANTI-MONEY LAUNDERING;   

RP-ID  :  68876

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Malawi is a land-locked country. It isbordered by Zambia to the north-west, Tanzania to the northand Mozambique, which surrounds it on the east, south andwest. This Report provides a detailed assessment of theAnti-Money Laundering AML/Combating the Financing ofTerrorism CFT measures in place in Malawi as of May 11,2008, two months after completion of the on-site mission. Itdescribes analyses and makes an assessment of the measuresand systems in place as of that date, and providesrecommendations on how certain aspects of the system couldbe strengthened. This report provides a detailed assessmentof the level of compliance, and provides recommendations toimprove compliance with the prevailing context of Malawi.The government of Malawi has demonstrated a high level ofcommitment to establishing a strong AML/CFT framework. Thiscommitment is reflected by the enactment of the MoneyLaundering proceeds of serious crime and Terrorist Financingact in August 2006 (ML and TF Act) and the beginnings of animplementation program. Finally, in order to ensure theeffective implementation of the ML and TF framework,building the technical AML capacity/knowledge of lawenforcement agencies, the public prosecutors and thejudiciary will be critical.