Bank of Zambia Circular No. 13/2023 on MEFMI AML/CFTP Workshop

[Logo: Bank of Zambia]

Bank of Zambia
OFFICE OF THE DEPUTY GOVERNOR - OPERATIONS

BOZ/EXEC/DGO/bsd/bp

June 9, 2023

CB Circular No. : 13/2023

To : All Heads of Financial Service Providers

MICROECONOMIC AND FINANCIAL MANAGEMENT INSTITUTE OF EASTERN AND SOUTHERN AFRICA WORKSHOP ON COMBATING MONEY LAUNDERING

The Bank of Zambia and the Microeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) will co-host a five-day workshop on Combating Money Laundering and Terrorist Financing and Proliferation (AML/CFTP) in Livingstone, from September 18 – 22, 2023.

Regulated entities play a very significant role in the implementation of the national and global anti-money laundering and countering of terrorist and proliferation financing measures. In light of this important role, regulated entities are expected to continuously build and upgrade their AML/CFTP capabilities in order to promote the integrity and stability of financial markets. Participation by all regulated entities in this important workshop is crucial for enhancing and entrenching sound AML/CFTP compliance practices.

The objective of this workshop will be to assist participants on how to identify, report, prevent money laundering and financing of terrorism. Further, the workshop will provide a platform for participants to enhance and entrench their ability to implement AML/CFTP compliance programmes. In addition, the workshop will serve as an opportunity to capacitate regulated entities to participate in the forthcoming AML/CFTP National Risk Assessment scheduled to be conducted in the later part of this year.

In this regard, you are requested to nominate officers to attend this important workshop. The participation fee for the workshop is US$500 per participant which shall be paid directly to MEFMI as per details provided in the registration form. The details and contacts for the nominees should be completed on the attached nomination form and sent to mmulenga@boz.zm and Sharon.Wallett@mefmi.org, by July 28, 2023.

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Bank Square, Cairo Road, P.O. Box 30080, Lusaka, Zambia Tel:+260-211-399303, 399300, E-mail: dgo@boz.zm. Web: http://www.boz.zm

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CB Circular No. 13/2023 - 2 - June 9, 2023

We look forward to your active support and participation in Combating Money Laundering.

[Signature]

Francis Chipimo (PhD)
DEPUTY GOVERNOR – OPERATIONS AND REGISTRAR OF FINANCIAL SERVICE PROVIDER

cc Governor
Deputy Governor – Administration
Director – Bank Supervision
Director – Non-Bank Financial Institutions Supervision Director – Payment Systems

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Bank Square, Cairo Road, P.O. Box 30080, Lusaka, Zambia Tel:+260-211-399303, 399300, E-mail: dgo@boz.zm. Web: http://www.boz.zm