Botswana placed on money laundering high-risk list
Friday, October 26, 2018
The FATF conducts ongoing reviews of global compliance with Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) standards, alerting countries of deficiencies, particularly those that may affect international financial systems.
Placement on its high-risk list is often seen as a disincentive to most global investors and international finance institutions, as the world attempts to clean up illicit financial flows.
These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...