Mozambique’s Executive Coordination Committee, in partnership with the Global Mechanism, is promoting training on Statistics in Maputo from February 26 to March 1. The aim is to strengthen the country’s financial integrity in line with the recommendations of the Financial Action Task Force (FATF).
The training covers various entities, such as the Tax Authority, the Public Prosecutor’s Office, the Criminal Investigation Service, the Financial Intelligence Unit, the National Civil Aviation Authority and the Ministry of the Interior. The training aims to enable participants to strengthen the statistical system, bringing it into line with the international standards of the International Cooperation Review Group (ICRG).
By improving statistical analysis capabilities, Mozambique will be strengthening its measures against money laundering and terrorist financing, demonstrating its commitment to financial transparency and regulatory compliance.
Through interactive sessions and practical exercises, participants will gain proficiency in data interpretation, trend analysis and risk assessment methodologies adapted to law enforcement needs. This collaborative effort underlines the country’s dedication to building institutional capacity and fostering partnerships to effectively combat financial crimes.
Recently, the Council of Ministers approved a decree-law to facilitate the mandatory registration of ‘beneficial ownership’, increasing levels of financial transparency and combating money laundering in Mozambique.
The initiative by Mozambique’s Executive Coordination Committee in partnership with the Global Mechanism demonstrates a significant step towards strengthening the country’s financial integrity. The commitment to comply with the FATF recommendations and invest in capacity building and financial transparency are essential to ensure a safe and reliable financial environment in Mozambique.
