Financial Intelligence Centre Act
ZambiaAct of Parliament2010
In force, and amended by 2 amendment Acts. Check the amendments before relying on the wording of a section.
The Financial Intelligence Centre Act is an Act of the Parliament of Zambia enacted in 2010. 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. 1This Act may be cited as the Financial Intelligence Centre Short title
- S. 2(1) The Board may, for the purpose of performing its
- 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. 9Director
- S. 10Powers of Director
- S. 11Officers and other staff
- S. 12Immunity of officers
- S. 13Disapplication of secrecy obligations
- S. 14Immunity from execution of judgements
- S. 15Prohibition of establishment of anonymous accounts
- S. 16Customer identification requirements
- S. 17Reliance on identification by third party
- S. 18Customers not physically present
- S. 19High risk customers
- S. 20Identification and account-opening for cross border
- S. 21Inability to fulfil customer identification obligations
- S. 22Record-keeping
- S. 23Internal programmes to combat money laundering, financing
- S. 24Ongoing due diligence
- S. 25Special monitoring of certain transactions
- S. 26Obligations regarding wire transfers
- S. 27Compliance with obligations by foreign subsidiaries and
- S. 28Prohibition against shell banks
- S. 29Obligation to report suspicious transactions
- S. 30Obligation to report currency transactions
- S. 31Disclosing information regarding compliance
- S. 32Inapplicability of confidentiality provisions
- S. 33Prohibition against tipping off
- S. 34Protection of identity of persons and information relating to
- S. 35Exemption from liability for good faith reporting of
- S. 36Duties of supervisory authorities
- S. 37Powers to enforce compliance
- S. 38Financial instrument reporting at borders
- S. 39Section 39
- S. 40Communication with foreign competent authorities
- S. 41No order for production of information
- S. 42Failure to comply with identification requirements
- S. 43Failure to maintain or provide access to records
- S. 44Failure to fulfil due diligence obligations or maintain internal
- S. 45Failure with regard to suspicious transaction or other
- S. 46False or misleading statement
- S. 47Confidentiality violation
- S. 48Setting up shell bank
- S. 49Generally penalty
- S. 50Mutual legal assistance
- S. 51Extradition
- S. 52Where an offence under this Act is committed by a body Offences by
- S. 53Offences committed outside jurisdiction
- S. 54Monitoring effectiveness of system
- S. 55Annual Report
- S. 56Centre to issue guidelines
- S. 57Retention of records
- S. 58Regulations
- S. IPRELIMINARY
- S. IITHE FINANCIALI NTELLIGENCE CENTRE
- S. IIIPREVENTION OF MONEY LAUNDERING ,TERRORIST FINANCING AND OTHER SERIOUS OFFENCES
- S. IVOFFENCES AND PENALTIES
- S. VGENERAL PROVISIONS