27 Mar 2006: ISS Workshop, Blantyre and Lilongwe: Money Laundering Control for Accountants, 27-30 March 2006

ISS WORKSHOP ON MONEY LAUNDERING FOR ACCOUNTANTS IN MALAWI
Blantyre & Lilongwe, 27-30 March 2006

organised by the ISS Cape Town office

As a member of the East and Southern Africa Anti-Money Laundering Group (ESAAMLG), Malawi is committed to taking effective steps to combat money laundering and the financing of terrorism. To this end, legislative proposals, in the form of a bill against money laundering, have been under discussion since 2003. In response to mounting pressure, and legitimate domestic concerns, the government of Malawi is on the verge of presenting the bill. If passed, it will produce new institutional infrastructure to detect and combat money laundering, and impose new obligations on intermediaries in the financial sector.

Anticipating the impending changes, the School of Accountants in Malawi requested the ISS to organise two back-to-back workshops for its members and related professionals, in Blantyre and Lilongwe.

The workshop in Blantyre will take place at the Protean Ryalls Hotel on Monday and Tuesday, 27-8 March 2006. It will be followed by a workshop at the Capital hotel, Lilongwe on 29 and 30 March 2006. The Minister of Justice, Honourable Henry Phoya has kindly agreed to open the workshops.

Resource persons at the two workshops include - Gustave Kaliwo, Director of the Anti-Corruption Bureau of Malawi; Peter Goss, forensic investigator with Price Waterhouse Coopers in South Africa; Jai Banda, commercial law attorney in Blantyre; Nomzi Gwintsa, ISS researcher on money laundering; Bothwell Fundira, an accountant and investment analyst with a statutory pension fund in Zimbabwe, and Charles Goredema, head of Organised Crime and Money Laundering programme.`