Financial Intelligence Unit
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Public Notice

The UN Security Council List includes all individuals and entities subject to measures imposed by the Security Council

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    The effective date to start making declarations of currency or berear negotiable instruments is the 1st March, 2017

    The 6th February, 2017 appointed as the date in which the Money Laundering and Proceeds of Crime (Amendment) Act, 2016 shall come into operation

The Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) undertook the mutual evaluation of Lesotho in November-December 2010.

    

Functions

The Financial Intelligence Unit (FIU) is a national central agency that receives financial information from accountable institution analyses such information and where a money laundering or terrorist financing offence is suspected to have taken place disseminates the disclosure of information to law enforcement agencies and supervisory authorities, for investigation and possible prosecution.

It is also mandated to coordinate Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) activities in the Country. The Unit is also going to assist in informing policy direction by conducting research on trends of money laundering and terrorist financing and educate and inform the public about trends in money laundering and related crimes.

The FIU further exchanges and shares information with its foreign counter parts and undertakes typology studies on money laundering and terrorist financing techniques.
















Financial Intelligence Unit - Lesotho