On 25 August, FATF published an enhanced follow-up report produced by FATF-style regional body, ESAAMLG. It says that Zambia has made progress in addressing some of the technical compliance deficiencies identified in its mutual evaluation report and follow-up report. FATF 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; and 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.
http://www.fatf-gafi.org/media/fatf/documents/reports/fur/ESAAMLG-Zambia-FUR-2022.pdf
Any modest contributions for my time and ongoing expenses are welcomed! At Buy me a Coffee one-off contributions start as low as $3, at
https://www.buymeacoffee.com/KoIvM842y
NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!
raytodd.blog 