Africa-Press – Eswatini. Registrar of Companies Msebe Malinga is among the six members that were appointed in the technical committee of the money laundering and financing of terrorism (prevention) task force.
His appointment was communicated in a legal notice, which may be cited as the composition of the Technical Committee of the Money Laundering and Financing of Terrorism (prevention) Task Force (Amendment) Notice, 2023, and the notice came to force on the date of the publication of the gazette, dated December 15, 2023.
The composition of the Technical Committee of the Money Laundering and Financing of Terrorism (prevention) Task Force is amended by adding accountable institutions or supervisory authorities as follows; a representative of the registrar of companies, a representative of the registrar of the Supreme Court, a representative of the principal secretary in the Ministry of Home Affairs and a representative of the PS in the Ministry of Natural Resources and Energy.
Others are a representative of the PS in the Ministry of Housing and Urban Development and a representative of the chief executive officer of the Eswatini Environmental Authority. “In exercise of the powers conferred by Section 39 (7) of the Money Laundering and Financing of Terrorism Act (Prevention) Act, 2011, the minister of Finance issues the following notice,” reads the gazette. The technical comittee shall hold office for a period not exceeding three years from the date of publication in the gazette.
Collaboration
The members of the technical committee shall be paid such allowances as the minister may determine from, time to time, as depicted in the legal notice. Section 40 of the Act stipulates that the Task Force shall- (a) develop an anti-money laundering and counter financing of terrorism national strategy plan for Eswatini; (b) facilitate collaboration between the stakeholders in the anti-money laundering and counter financing of terrorism.
It shall also act as the point of contact for international agencies in the anti-money laundering and counter financing of terrorism arena, including donor agencies; (d) advise the Ministry of Finance on legislative and practical initiatives necessary to secure compliance with international and regional standards in anti-money laundering and counter financing of terrorism, among other things.
The committee shall also ensure that government policy on anti-money laundering and counter financing of terrorism are implemented. The following persons are appointed as members of the technical committee of the Money Laundering and Financing of Terrorism (prevention) Task Force:
1. Msebe Malinga
2. Siphiwo Masuku
3. Samkeliso Makhubu
4. Nompumelelo Dlamini
5. Richard Magagula
6. Belusile Mhlanga
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