ESAAMLG’s 6th Follow-Up Report on Mozambique shows progress in sanctions, cooperation, and BO, but continued weaknesses in enforcement and intelligence use

The report recognises progress in areas including targeted financial sanctions, preventive measures, beneficial ownership requirements, and international cooperation frameworks, leading to upgrades in several technical compliance ratings. ESAAMLG also identifies continuing concerns relating to risk-based supervision, operational capacity, financial intelligence use, and the effectiveness of money laundering investigations, prosecutions, and asset confiscation measures…