Today (20), Board Member for Banking Operations, Issuance and Payment Systems Oversight, Jamal Omar, delivered the opening remarks at an Anti-Money Laundering Workshop at the Radisson Blu. The event is co-organised by the Bank and the Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI).

In his remarks, Jamal Omar stated that the workshop is timely, as it will promote the exchange of experiences and contribute to strengthening the institutional response to the threats posed by money laundering and related crimes, which undermine the integrity, transparency, and credibility of financial systems.

According to the Board Member, combating money laundering has become a global priority in recent decades, as it is a phenomenon that threatens the rule of law, financial stability, the business environment, and overall societal well-being.

In this context, he added that Mozambique has been progressively and consistently strengthening its legal and institutional framework for anti-money laundering and counter-terrorist financing.

Moreover, the Board Member emphasised that Mozambique’s recent removal from the grey list of the Financial Action Task Force (FATF) entails increased and ongoing responsibility. This requires financial institutions under the supervision of the Banco de Moçambique to further enhance their capacity to prevent abuse, identify vulnerabilities, and respond effectively to risks associated with money laundering and terrorist financing.

Jamal Omar noted that the workshop will help deepen understanding of key risks, improve the capacity to detect suspicious transactions, strengthen prevention and control mechanisms, and consolidate more effective institutional practices aligned with international standards. It will also reinforce a culture of integrity, accountability, and institutional readiness, which are essential to maintaining trust and safeguarding the financial system.

The workshop runs until Friday (24) and brings together representatives from MEFMI partner countries, as well as national public and financial institutions.