THE Financial Intelligence Centre (FIC) has stressed the need for Zambia to manage its risks in countering terrorism financing as a means of ensuring integrity in the country’s financial system. Officiating a meeting for capital market players in Lusaka, Wednesday, FIC acting director general Liya Tembo said improving the economy can’t be possible if the country’s financial system loses integrity. She also expressed concern about the absence of compliance officers in most companies and institutions in the capital market sector. “We need to manage our risks as a country on countering terrorism financing if our financial system will remain of integrity, because the minute our financial system loses integrity, all these things that we talk about; improving the economy, driving…...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe