NCC Meeting – June 2022

The Anti-Money Laundering and Combating the Financing of Terrorism National Coordination Committee (NCC) was established in June 2011 as an official forum to discuss and advise on policy issues regarding the implementation of anti-money laundering and combating the financing of terrorism strategy. The NCC is chaired by the Principal Secretary, Ministry of Finance while the Director of the Financial Intelligence Unit is its secretary.

 In its Meeting, which was held virtually on the 15^th June 2022, at 10:00 am, the NCC discussed amongst others the following:

a)       Feedback Report: 43rd ESAAMLG Task Force of Senior Officials Virtual    Meeting, 02 – 08 April 2022 – REF: NCC/06/2022/1

b)      Establishment of the Anti-Money Laundering/Counter Terrorist Financing/Counter Proliferation Financing (AML/CTF/CPF) Unit in the Lesotho Mounted Police Service (LMPS) – REF: NCC/06/2022/2

c)       Enactment of Law on Financial Cooperatives – REF: NCC/06/2022/3

d)      National Risk Assessment (NRA) Report Briefing – REF: NCC/06/2022/4

e)       Establishment of Mutual Evaluation Working Groups – REF: NCC/06/2022/5

f)       Calendar of NCC Meetings – NCC/06/2022/6 and

g)       Case Managements System – NCC/06/2022/7.

The NCC concluded its Meeting by adopting some of the recommendations submitted by the Anti-Money Laundering/ Counter Financing of Terrorism Task Team and directed that the presentations on the National Risk Assessment findings and a recently completed Case Management System be organised as soon as possible to ensure the Lesotho’s readiness for the ESAAMLG Second Round of Mutual Evaluation scheduled to begin in July 2022.