Compliance in Zambia: regulators, laws and reporting
ERMAML was built in Lusaka around the way institutions are regulated in Zambia. These pages cover the Zambia-specific obligations the platform is designed for.
- AML/CFT Compliance in ZambiaHow AML/CFT compliance works in Zambia: the laws, the Financial Intelligence Centre, reporting entities' duties, and how ERMAML supports each step.Answers: AML/CFT compliance in Zambia: laws, the FIC, and what reporting entities must do
- goAML STR and CTR ReportingHow STRs and CTRs are prepared and filed with Zambia's Financial Intelligence Centre through goAML, and how ERMAML drafts them from case data.Answers: How STRs and CTRs are filed with the FIC through goAML, and how software prepares them
- NRC, PACRA and ZRA VerificationHow KYC and screening can verify a person's NRC, a company's PACRA registration and a ZRA taxpayer number against the source registries, and how ERMAML does it.Answers: Verifying identities against Zambia's national registries (NRC, PACRA, ZRA TPIN) during KYC and screening
- Data Protection Act ComplianceWhat Zambia's Data Protection Act No. 3 of 2021 asks of institutions holding customer data, and how compliance software supports rights, security and retention.Answers: Data Protection Act 2021 obligations for institutions that hold customer data, and how compliance software supports them
- Zambian Regulators and ReturnsThe regulators Zambian banks, insurers, pension funds, telecoms, energy firms and public bodies report to, and how a compliance register tracks their returns.Answers: Which regulators Zambian institutions report to and how a compliance register keeps up with their returns
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