THE 2025 Money Laundering National Risk Assessment Report has revealed that the risk of money laundering involving law firms remains high. The report has indicated that between 2020 and 2024, the Financial Intelligence Centre (FIC) analysed cases showing that some law firms and accounting firms were facilitating the setting up of shell companies both in Zambia and outside the country for money laundering purposes. The report further revealed that there had been cases involving the laundering of funds through client accounts maintained by legal practitioners. “The services offered and activities conducted by Designated Non-Financial Businesses and Professions (DNFBPs) are attractive and can be abused by money launderers. The high usage of cash in casinos, real estate, dealers in precious metals...