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FIA produces 2019 Money Laundering Typologies Report

The Financial Intelligence Authority (FIA) has issued the 2019 Money Laundering Typologies Report which covers the period from July 2018 to June 2019.

The Report is as a result of review and analysis of suspicious transaction reports, requests received from law enforcement agencies and information accessed by FIA from various administrative agencies in the country.

Major predicate crimes covered in the report are theft of public funds especially pension funds and violation of foreign exchange control regulations. The report also highlights on fraud through business email compromise (BEC), which is a new trend in Malawi.

Access the full report here...