by KEMMAN | Nov 20, 2020 | Compliance, Corruption, Financial Crime, money laundering, Terrorism, Terrorism Financing
The regulatory landscape of Know Your Customer (KYC) Policies and Customer Due Diligence (CDD) requirements and expectations for Financial Institutions like Banks, Brokers, FinTech and Insurance Companies are always a moving target. In another write-ups I alluded to...
by KEMMAN | Nov 19, 2020 | Corruption, Financial Crime, governance, money laundering, Scam
In June 2020 Gregory Chifire alleged that $105 Million had been stolen at Ndola Lime through a series of transactional activities he termed “Matrix of theft of $105 million at Ndola Lime”. To the initiated, these series of financial transactional activities and...
by KEMMAN | Nov 19, 2020 | Compliance, Corruption, Current Affairs, Financial Crime, governance, money laundering, Scam, Terrorism, Terrorism Financing
Authored by Diphat Tembo-CAMS, Director-Compliance and Prevention Department of the Financial Intelligence Centre-Zambia and Kunda Kalaba-CAMs, CFE, Managing Partner KEMMAN Consultancy. The Coronavirus-COVID-19 has infected more than 57,228,106 individuals globally,...
by KEMMAN | Nov 18, 2020 | Compliance, Corruption, Financial Crime, money laundering
In 2009 Henry Kapoko and four others were arrested by the Anti-Corruption Commission. 11 years later in 2020, the man – KAPOKO is still appearing in Courts of Law. There are hard Lessons to be Learnt and some friendly warning to others. Cases may take long (Imilandu...
by KEMMAN | Nov 17, 2020 | Compliance, Financial Crime
From 2010 to 2020, the Financial Intelligence Centre (FIC) Act in Zambia has gone through several legal surgeries or amendments. There is a proposed (Amendment) Bill, 2020 [N.A.B. 11, 2020] dated 7th of October, 2020 which is currently at first reading before the...
by KEMMAN | Nov 14, 2020 | Corruption, Current Affairs, Financial Crime, governance, money laundering, Skimmimg, Terrorism, Terrorism Financing
05/20/2020 – Deep Reflection – Terrorism within African Territories As the Southern African Development Community (SADC) Troika summit is currently underway in Zimbabwe’s Capital City Harare with President Dr. Mokgweetsi Eric Keabetswe Masisi of Botswana, President...
