Eswatini Financial Intelligence Unit

The Eswatini Financial Intelligence Unit (EFIU)

Vision

We provide financial intelligence that safeguards the local and international financial system.

Mission

The global leading provider of impactful financial intelligence.

Core Values

Integrity, Confidentiality, Accountability, Transparency, Respect and Excellence

Departments

The operations of the EFIU fall under six categories, namely:

  1. The Office of the Director
  2. Legal & Policy
  3. Compliance & Prevention
  4. Monitoring & Analysis
  5. Information Communication & Technology
  6. Finance & Administration

The Office of the Director

The Office of the Director houses the Director and a Personal Assistant. The Office of the Director is responsible for overseeing the operations of the EFIU, coordinating all internal and external official communication, retaining and enhancing all stakeholder relationships and implementing and enforcing the policies and standard operating procedures of the EFIU. The Director sits on the Board of the EFIU as the Executive Director. The Board is the policy making organ of the EFIU.

Legal & Policy Department

The Legal and Policy department is responsible for three main areas: the administration of all relevant sections of the Money Laundering and Financing of Terrorism (Prevention) Act, 2011 (as amended); the engagements with international and regional policy-forming and standard setting organisations such as the Financial Action Task Force (FATF) and Eastern and South African Anti-Money Laundering Group (ESAAMLG); and the provisions of policy advice on matters of a strategic nature, which concern money laundering and terror financing.

Compliance & Prevention Department

The Compliance and Prevention department is responsible for compliance oversight of the Money Laundering and Financing of Terrorism (Prevention) Act 2011 (as amended). A core function of this department is to inform, advise and collaborate with other supervisory bodies to ensure effective supervision of Compliance with legislation.

The department also conducts inspections and issues written guidance notes to the industry, either directly for unsupervised institutions, or in collaboration with Supervisory Authorities. The department's prevention focus, makes provision for the creation and expansion of public awareness, training and the issuance of guidance notes regarding obligation of entities under the Act.

Monitoring & Analysis Department

The Monitoring and Analysis department is responsible for receiving (requesting for more information), analysing and disseminating financial intelligence to Law Enforcement Agents and other FIUs. The Monitoring and Analysis department also responds to requests for information from other FIUs and law enforcement agents. The Department also conducts research and produces typology reports for stakeholder’s consumption.

Information Communication & Technology Department

The department is responsible for the overall information technology infrastructure and security of EFIU, both physical and electronic. These services are essential for the day-to-day functioning of the Centre and therefore require robust systems for data storage and security.

Finance & Administration

The department is made up of Finance, Human Resource, Procurement and Administration. These are additional services required for proper functioning of the Unit. Human resource and skills retention is one of the core strategic objectives of the department as well as general administration of EFIU.