Financial Intelligence Unit of the Republic of Zimbabwe

Accountability

The Financial Intelligence Unit is an autonomous regulatory body responsible for the regulation and supervision of financial services business conducted in and from with The Republic of Zimbabwe. The Unit maintains accountability through regular reporting to the Minister of Finance, pursuant to the Bank Use Promotion Act.

The Director of the Unit chairs the Anti-Money Laundering Advisory Committee (AMLAC), which is responsible for policy formulation. The Committee is selected by the Minister of Finance.