Botswana takes action to assess, prevent financial crimes
Friday, March 24, 2017
In 2012, an international obligation was adopted by the Financial Action Task Force (FATF) requiring all countries to undertake a National AML/CFT Risk Assessment.
The goal behind this was to bring about stronger more effective AML/CFT systems by identifying the risks a country faces and targeting scarce resources in a way that mitigates the identified risks, threats and vulnerabilities.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...