Publication

This paper assesses the state of anti-money laundering and counter-financing terrorism efforts in Botswana. It provides an overview of international regulatory regimes for curbing money laundering and the financing of terrorism, as well as Botswana's regulatory regime. The author argues that while Botswana has succeeded in improving the capacity of structures and institutions that deal with these issues, it has not fully complied with international standards, primarily due to resource gaps. Prevention, enforcement, international cooperation and accurate risk-assessments are needed to further improve the regime and its effective enforcement, the author concludes.