The Eastern and South African Anti Money Laundering Group (ESAAMLG) – a FATF-style regional body founded in August 1999.
The purpose of the group is to combat money laundering and terrorism financing by implementing the FATF Recommendations.
The group’s efforts are aimed at cooperation with other international organizations concerned with combating money laundering and terrorist financing as well as studying and researching regional typologies and coordinating technical assistance.
Organizational structure of the ESAAMLG
- Ministerial Council (the Council)
- Team of senior representatives
- Secretariat
All of the group’s major decisions are made at the meeting of the Ministerial Council, which meets at least once a year.
Member states
- Botswana
- Kenya
- Lesotho
- Malawi
- Mauritius
- Mozambique
- Namibia
- Seychelles
- South Africa
- Swaziland
- Tanzania
- Uganda
- Zambia
- Zimbabwe
Observers
- FATF
- Asia-Pacific Group on Money Laundering
- Caribbean Financial Action Task Force against Money Laundering (CFATF)
- Commonwealth Secretariat
- Egmont Group of Financial Intelligence Units
- Interpol
- United States
- UN Office on Drugs and Crime
- World Bank
Official site: http://www.esaamlg.org
EAG Bulletin
EAG in the news
The Senate of the Parliament of Kazakhstan on Wednesday approved ratification the agreement on the Eurasian Group on Combating Money Laundering and Terrorist Financing."
The agreement has been adopted by Parliament and sent to the President in the form of the law.
The Senate of Oliy Majlis (the upper house of the Uzbek parliament) approved the law on "Agreement on the Eurasian group on combating money laundering and financing of terrorism" at the plenary session on Tuesday.