Financial Intelligence Centre Act
ZambiaAct of Parliament
The Financial Intelligence Centre Act is an Act of the Parliament of Zambia. It contains 63 sections. Read its sections below, or ask Levy any question about the Financial Intelligence Centre Act and get an answer grounded in the Act with citations.
Sections of the Financial Intelligence Centre Act
- S. 1Short title and commencement
- S. 2Interpretati on
- S. 3Establishment of Financial Intelligence Centre
- S. 4Seal of Centre
- S. 5Functions of Centre
- S. 6Extent of Centre’s autonomy
- S. 7Board of Centre
- S. 8Functions of Board
- S. 9Direct or
- S. 10Powers of Direct or
- S. 11Officers and other staff
- S. 12Immunity of officers
- S. 13Disapplicati on of secrecy obligations
- S. 14Immunity from executi on of judgements
- S. 15Prohibiti on of establishment of anonymous accounts
- S. 16Customer identificati on requirements
- S. 17Reliance on identificati on by third party
- S. 18Customers not physically present
- S. 19High risk customers
- S. 20Identificati on and account-opening f or cross border
- S. 21Inability to fulfil customer identificati on obligations
- S. 22Record-keeping
- S. 23Internal programmes to comb at money laundering, financing
- S. 24Ongoing due diligence
- S. 25Special monitoring of certa in transactions
- S. 26Obligations regarding wire transfers
- S. 27Compliance with obligations by foreign subsidiaries and
- S. 28Prohibiti on against shell banks
- S. 29Obligati on to report suspicious transactions
- S. 30Obligati on to report currency transactions
- S. 31Disclosing informati on regarding compliance
- S. 32Inapplicability of confidentiality provisions
- S. 33Prohibiti on against tipping off
- S. 34Protecti on of identity of persons and informati on relating to
- S. 35Exempti on from liability f or good faith reporting of
- S. 36Duties of supervisory authorities
- S. 37Powers to enforce compliance
- S. 38Financial instrument reporting at borders
- S. 39Prohibiti on of publicati on of , or disclosure of, informati on to
- S. 40Communicati on with foreign competent authorities
- S. 41No order f or producti on of informati on
- S. 42Failure to comply with identificati on requirements
- S. 43Failure to mainta in or provide access to records
- S. 44Failure to fulfil due diligence obligations or mainta in internal
- S. 45Failure with regard to suspicious transacti on or other
- S. 46False or misleading statement
- S. 47Confidentiality violati on
- S. 48Setting up shell bank
- S. 49Generally penalty
- S. 50Mutual legal assistance
- S. 51Extraditi on
- S. 52Offences by body corporate or unincorporate body
- S. 53Offences committed outside jurisdicti on
- S. 54Monitoring effectiveness of system
- S. 55Annual Report
- S. 56Centre to issue guidelines
- S. 57Retenti on of records
- S. 58Regulations
- S. ISection I
- S. IISection II
- S. IIISection III
- S. IVSection IV
- S. VSection V