THE Financial Intelligence Unit (FIU) says Zimbabwe has made progress in addressing anti-money laundering and counter financing of terrorism (AML/CFT) deficiencies and could be removed from non-compliant countries by the end of this quarter.
Zimbabwe was listed by the Financial Action Task Force (FATF) on the “grey list” of non-compliant jurisdictions in October 2019 and was given two years to address the deficiencies.
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FATF is an inter-governmental policy-making body, whose purpose is to establish international standards, and to develop and promote policies, both at national and international levels, to combat money laundering and the financing of ter
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