The Financial Intelligence Unit (FIU) notes with concern the proliferation of Ponzi and Pyramid schemes in the country. These schemes come in various forms and guises, designed to mask their fraudulent nature and lure people into parting with their hard-earned money. The schemes share certain common characteristics which members of the public are advised to […]
The Financial Intelligence Unit (FIU) of Zimbabwe was admitted as a member of the Egmont Group of FIUs during the 29th Egmont Group Plenary held in Abu Dhabi, United Arab Emirates from 3rd to 7th of July 2023. The admission was a culmination of a rigorous process in which Zimbabwe had to put in place […]
The Financial Intelligence Unit (FIU) hosted the inaugural AntiMoneyLaundering (AML) and Financial Crime Public and Private Sector Dialogue (PPSD) Conference on 13 and 14 October 2022 at the Harare International Conference Centre (HICC). The conference was attended by about 295 delegates on 13 October 2022 and 240 delegates on the second day. The conference also […]
A two-day (2) awareness workshop on Beneficial Ownership Requirements was held in Harare for all banks, law enforcement agencies, registrar of companies and registrar of births and deaths. The workshop was held at the Cresta Lodge, Harare on the 29th and 30th of October 2020. One hundred and ten (110) participants attended the workshop. Law […]
Participants at the workshop on the Role of Prosecutors in the Fight against Money Laundering and Terrorist Financing, in Kadoma, from 30 to 31 October 2019. AML/CFT Workshop on the Role of Prosecutors in Combatting Money Laundering and Terrorist Financing. For a country to achieve higher levels of effectiveness in combatting money laundering and terrorist […]
Participants at the recently held workshop on the Role of Law Enforcement Agencies in Fighting Money Laundering and Terrorist Financing, in Mutare, from 25 to 27 September 2019. The effectiveness of a country’s AML framework is essentially determined by the number of money laundering (ML) convictions and forfeiture of proceeds of crime. As observed by […]
Participants at Zimbabwe’s 2nd National ML/TF Risk Assessment Progress Review Workshop, facilitated by the World Bank The effectiveness of a county’s anti-money laundering (AML) framework is ultimately measured by the magnitude of money laundering convictions and assets of crime forfeited to the state. The massive drive by the Government of Zimbabwe to increase the effectiveness […]
Participants at the AML/CFT Awareness Workshop for Law Enforcement Agencies, held in Kariba from the 19th to the 21st of June 2019. As part of Zimbabwe’s efforts to enhance its effectiveness in investigating money laundering, terrorist financing and related crimes (i.e. parallel financial investigations), the Financial Intelligence Unit (FIU), in conjunction with the Ministry of […]