News & Events

The GIABA 42nd Technical Commission and Plenary of the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) was held in Freetown, Sierra Leone, from November 17–23, 2024. Sierra Leone's hosting of the event highlights its commitment to strengthening financial security and transparency in West Africa. It has been 15 years since the country last hosted such a conference, underlining its growing leadership role in regional financial governance

Financial Intelligence Agency (FIA)

The Financial Intelligence Agency (FIA) of Sierra Leone played a pivotal role in hosting the 42nd GIABA Technical Commission and Plenary in Freetown. The FIA, under the leadership of its Director General, David Borbor, was instrumental in organizing the logistics, coordinating with regional and international stakeholders, and setting the stage for critical discussions on combating financial crimes across West Africa.

By hosting the event, the FIA demonstrated Sierra Leone’s advancements in regulatory systems and compliance with Financial Action Task Force (FATF) standards, reaffirming the nation's commitment to global efforts against financial crimes.

The Financial Intelligence Agency (FIA) of Sierra Leone is a central body tasked with combating money laundering, terrorist financing, and other financial crimes.

The FIA worked extensively to ensure the smooth organization of the week-long event at the New Brookfields Hotel. This involved facilitating the participation of over 200 delegates from 16 member countries, as well as international partners
The FIA emphasized Sierra Leone's dedication to fostering secure financial systems, reflecting the country’s progress in anti-money laundering (AML) and counter-terrorism financing (CTF) efforts. Hosting the plenary showcased Sierra Leone’s commitment to regional collaboration and adherence to international financial crime standards.
By hosting the event, the FIA demonstrated Sierra Leone’s advancements in regulatory systems and compliance with Financial Action Task Force (FATF) standards, reaffirming the nation's commitment to global efforts. against financial crimes.

Government of Jersey and Financial Intelligence Unit Jersey (FIU) welcome Sierra Leone FIA.

Jersey FIU and Sierra Leone FIA signed MOU

The Director General, DAVID N. BORBOR of the Financial Intelligence Agency (FIA) delivered a significant presentation to the team of Financial Intelligence Unit (FIU) of the Republic of Jersey. This session underscored the importance of international cooperation in combating financial crimes, money laundering, and terrorist financing on October 9, 2024.

The Director FIU, Mr. David N. Borbor dilated on workplan already set in motion for 2020 but only remote assistance received now from U.S. OTA intermittent advisors Chris Wondra, Jeff Cooper and others Copy

The essence of the meeting was to discuss the followings: To communicate what the Unit is currently doing and the challenges facing the FIU to combat Money Laundering and Terrorist Financing in Sierra Leone. To solicit support from the Embassy in providing technical assistance to the Unit especially in the area of ICT. To help

Tagged under: , , , , , , , , ,

FIU trains on money laundering and terrorism financing risk assessment

The Financial Intelligence Unit (FIU) with support from GIABA and World Bank on Tuesday commenced a three day national Money Laundering and Terrorism Financial Risk Assessment workshop at the Hill Valley Hotel in Freetown. The aim of the assessment is to lead to the determination of cost effective and proportionate ant-money laundering program of work,

Tagged under: , , , , , , , , ,
Trending News

Tags

ABOUT US EVENTS FIU ACTIVITIES MUTUAL EVALUATION REPORTS NEWS NEWS AND EVENT NRA REPORT PUBLICATIONS RESOURCES VACANCIES

VIEW ALL

VIEW ALL

ABOUT US

"The Sierra Leone Financial Intelligence Units (FIU) plays a leading role in the prevention of money laundering and counter-terrorist financing (AML/CFT) activities in the country. The Unit is responsible for receiving, processing, and analyzing statutory reports made by financial institutions (reporting entities) or other entities in accordance with the requirements of domestic AML/CFT laws and regulations."

LINKS

CONTACT

5H Bayoh Drive Tengbeh Town, Freetown, Sierra Leone
Phone:
+232 79 143 105
+232 79 143 105
Email:
info@v2.v2.fiu.gov.sl

COPYRIGHT 2024 © Financial Intelligence Unit

Designed by

TOP