Zim moves to establish correspondent banks

Zim moves to establish correspondent banks
Published: 24 May 2018
FINANCE minister Patrick Chinamasa says the country is making frantic efforts to re-establish international correspondent banks through the enactment of morden financial laws that are aligned to latest global trends.

This comes as the country's financial institutions lost a number of correspondent banks in the past two years due to lack of laws that deal decisively with anti-money laundering and terrorism financing activities.
- fingaz
Tags: Chinamasa,


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