The Financial Intelligence Authority is the principal national agency of the Malawi Government with the mandate to prevent and combat financial crimes.
The FIA was established by the Financial Crimes Act, 2017. Section 3 (3) of the FCA gives the FIA autonomy to carry out its functions without being subject to the direction, control or influence from any other person, authority or entity.
The functions of the FIA, as provided for under Section 4 of the FCA, include:
1. Request, receive and analyze reports submitted by reporting institutions
2. Report to relevant enforcement and supervisory authorities when the FIA determines that there is an element of any offence under the FCA
3. Creating a database of statistics and records on financial crimes
4. Conducting research into trends, techniques, and developments on financial crimes in order to improve their detection, prevention and deterrence.
5. Cooperating with local and international institutions, organizations or institutions on dealing with financial crime.
The FCA further gives powers to the FIA to, among others:
1. Conduct investigations on financial transactions under analysis at FIA
2. Request information from any person on particular matters
3. Issue, in writing, instructions, directions, directives, guidelines or rules to reporting institutions
4. Conduct compliance inspections of reporting institutions
Company Details
- Employees
- 12
- Founded
- -
- Address
- Private Bag B441, Lilongwe,+265,malawi
- Industry
- Government Administration
- NAICS
-
Public AdministrationJustice, Public Order, and Safety ActivitiesSpace Research and TechnologyLegal Counsel and ProsecutionCorrectional InstitutionsParole Offices and Probation OfficesFire Protection
- Keywords
- (MPS).
- HQ
- Lilongwe
- Competitors
- Financial Action Task Force (FATF), Financial Intelligence Centre, National Prosecution Authority - Zambia, Blantyre Hotels Plc, Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG), National Integrated Technologies Limited, FD Communications Limited, Financial Intelligence Authority, LVM DOCUMENTS EDITORS & DATA ENTRY SERVCES, Deposit Insurance Corporation (Malawi).
Financial Intelligence Authority-Malawi Questions
Financial Intelligence Authority-Malawi's LinkedIn profile is https://mw.linkedin.com/company/financial-intelligence-authority-malawi
Financial Intelligence Authority-Malawi has
12 employees.
View email and phone details for 12
employees at Financial Intelligence Authority-Malawi.
Financial Intelligence Authority-Malawi's industry is
Government Administration
Financial Intelligence Authority-Malawi's top competitors are
Financial Action Task Force (Fatf),
Financial Intelligence Centre,
National Prosecution Authority - Zambia,
Blantyre Hotels Plc,
Eastern And Southern Africa Anti-Money Laundering Group (Esaamlg),
National Integrated Technologies Limited,
Fd Communications Limited,
Financial Intelligence Authority,
Lvm Documents Editors & Data Entry Servces,
Deposit Insurance Corporation (Malawi).
Financial Intelligence Authority-Malawi's categories are Government Administration
Financial Intelligence Authority-Malawi's founding year is 2006
