Individual Consultant – Undertake terrorist financing risks associated with the Non-Governmental Organization sector of Zambia

Background 

  1. The Expression of Interest is called to identify a suitable Consultant to undertake terrorist financing risks associated with the Non-Governmental Organization sector of Zambia
  1. COMESA Maritime Security (MASE) programme is a component of the broader Regional Maritime Security programme, funded by European Union. The programme was developed following the rising piracy along the Indian Ocean in the early to mid-2000s and it is jointly implemented by four Regional Organizations (including COMESA), each with different focus/mandate, all collectively targeting at curbing piracy and addressing economic effects of this transnational crime.
  1. The COMESA component of the programme aims at strengthening the capacity of the Eastern and Southern Africa and Indian Ocean (ESA-IO) region to disrupt financial networks of pirates and their financiers. To holistically achieve this, COMESA MASE is targeting any form of illicit financial flows through the implementation of an anti-money laundering programme in line with Financial Action Task Force (FATF) international standards. It is strengthening the entire anti-money laundering chain, starting from reporting entities, Financial Intelligence Units (FIUs), Law Enforcement Agencies (LEAs) and even up to senior government officials (policy makers). This approach ensures that all stakeholders are taking part in the fight against money laundering and other financial crimes in line with their respective obligations as per the FATF international standards. The programme covers twelve countries, namely Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Madagascar, Mauritius, Seychelles, Somalia, Tanzania and Zambia.
  1. COMESA MASE has four target areas, enhancing analytical capacity of FIUs and their analytical tools, strengthening information-sharing mechanisms domestically and internationally, strengthening AML/CFT laws through reviewing, amending, and drafting missing provisions thereby aligning them to prevailing FATF standards, and enhancing the capacity of Law Enforcement Agencies (LEAs). The support rendered is country-specific, in line with countries’ varying needs. 

ABOUT ZAMBIA FINANCIAL INTELLIGENCE CENTRE

  1. The Zambia Financial Intelligence Centre (the Centre) is a body corporate established under The Financial Intelligence Centre Act No 46 of 2010. The Centre is the sole designated national Agency responsibility of receiving, analyzing suspicious transactions reports and other disclosure of information bordering on money laundering/ terrorist financing and disseminating resultant intelligence reports to Law Enforcement Agencies (LEAs) and other foreign competent authorities for investigations and prosecutions.
  1. The fight against money laundering and terrorist financing in Zambia and around the world is important to protect our citizens and to ensure the integrity of financial institutions and national Security. Strong and effective Anti-Money Laundering and Financing of Terrorism (AML/CFT) frameworks promote financial integrity by making it difficult to conceal illegal activities.
  1. The Zambian Government endeavors to develop and implement AML/CFT systems that comply with the required international standards. The Government has enacted AML/CFT legislation, to deal with money laundering, Financing of Terrorism, forfeiture and seizure of proceeds of crimes, prevention of corruption, fraud, and financial crime among others. Furthermore, the AML/CFT institutional framework has been established and is comprised of the following:
  • Anti-Money Laundering Authority (AMLA)
  • Task Force of Senior Officials on AML/CFT
  • Law Enforcement Agencies (LEAs)
  • Supervisory Authorities
  • Reporting Entities and
  • Other stakeholders including the National Prosecution Authority (NPA), the Judiciary, Ministry of Home Affairs, Ministry of Finance, Ministry of Justice, among others.
  1. In order to identify, assess and understand its ML/TF risks, Zambia conducted and completed a National Risk Assessment (NRA) in 2016. The results of the assessment were published in September 2017, along with an action plan for the implementation of the findings. The report identified significant gaps in the national ML/TF combating ability, which included deficiencies within the stakeholder institutions.

Objective

  1. In line with Zambia vision to continue strengthening its AML/CFT regime, the consultancy at hand seeks to assess terrorist financing risks associated with the Non-Governmental Organization sector of Zambia. Therefore, a consultant shall be required to carry out the assessment.

Click on the link below for more details

REOI – CONSULTANCY SERVICES TO UNDERTAKE TERRORIST FINANCING RISK ASSESSMENT FOR NON-GOVERNMENTAL SECTOR OF ZAMBIA (12 downloads)

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