The Angolan government is preparing its first National Assessment Report on Risk, Money Laundering and Financing of Terrorism, the Ministry of Finance said in a recently released statement.
The statement also said that the document will serve as a basis for Angola’s upcoming assessment in 2021 by the Eastern and Southern Africa Against Money Laundering and Terrorism Financing Group (ESAAMLG).
The document presents the risks of the country and the work to be carried out to mitigate these risks, while also enhancing the credibility of the financial system, the effectiveness and robustness of the country in relation to the international community.
The report is being drafted by civil servants and has the involvement of civil society and public bodies, particularly the Ministries of Finance, Justice, Interior, Commerce and Geology and Mining. (Macauhub)