Bank of Zambia - Anti-Money Laundering Directives, 2004

The Bank of Zambia's Anti-Money-Laundering (AML) Directives, 2004 provides measures to detect and prevent money laundering in the country. The directives outline the responsibilities of regulated institutions in such areas as customer identification, verification of individual customers' and corporate bodies' names and addresses, record keeping. and reporting of suspicious activities. The document is divided into several parts, and sets forth provisions on the following topics:

1. Authority of Bank of Zambia
2. Customer Due Diligence and Other Obligations
3. Cooperation with Law Enforcement Agencies
4. Obligations of the Board and Principal Officers
5. Staff Training and Other Obligations

 

Document Details

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Year of Document: 
2004
Date of Document: 
Thursday, August 19, 2004
Document Authors: 
Bank of Zambia

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