This report sets out Botswana’s progress in strengthening anti-money laundering and counter terrorist financing measures since its 2017 assessment.
Since its 2017 mutual evaluation and April 2021 FUR, Botswana has made progress in addressing deficiencies. Overall, Botswana has made progress in addressing deficiencies in technical compliance identified in its MER to justify re-rating of R. 8 (initially rated NC) to partially compliant as well as, R.19 (initially rated PC), R.25 (initially rated PC) and R.26 (initially rated PC) to Largely Compliant. Botswana is now compliant on 7 of the 40 Recommendations, largely compliant on 25 of them and non-applicable on 1 Recommendation. It remains non-compliant on 2 Recommendations and partially compliant on 5 Recommendations. Botswana will remain in enhanced follow-up and will continue to inform the ESAAMLG of the progress made in improving the implementation of its AML/CFT measures.
Posted: 09th November 2022
|Memorandum of Understanding|
|Trends and Methods|
|Country National Strategies|
|Compliance and Financial Inclusion|