The Financial Intelligence Authority (FIA) signed a Memorandum of Understanding (MoU) with the Financial Intelligence Unit (FIU) of the Kingdom of Lesotho on 5th April 2022 in Arusha, Tanzania. The MoU was signed by Vincent Chipeta of FIA Malawi and Jothame Phakisi of Lesotho FIU.
The event took place immediately after the FIUs in the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) held their meeting as part of the series of meetings held during the 43rd Meeting of the ESAAMLG Task Force of Senior Officials which took place in Arusha from 3rd to 8th April 2022.
The MoU is aimed at enabling the two FIUs to exchange information spontaneously and upon request in order to facilitate the combating of money laundering, terrorist financing and other financial crimes within their jurisdictions and the region. Meanwhile, FIA Malawi is in finalising an MoU with the FIU of the Kingdom of Eswatini.
