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Public statement under Paragraph 53 (c) of GIABA’s
Enhanced Follow-Up Process in respect of Sierra Leone
November 29, 2011 - The Inter-Governmental Action Group
against Money Laundering in West Africa (GIABA) has
since 2007 been concerned about the identified significant
weaknesses in the anti money laundering/combating the
financing of terrorism (AML/CFT) regime of the Republic of
Sierra Leone.
At its 16th Technical Commission/Plenary (TC/Plenary) meeting
held in Lome, Togo from 14-16 November, 2011, GIABA noted
that the passage of the draft AML/CFT Bill of Sierra Leone had
been pending since April 2009. Even after the assistance
by GIABA, the World Bank and UNODC in the revision of the
draft Bill to ensure that the legislation is comprehensive, and that
it meets international AML/CFT standards, Sierra Leone is yet to
pass the bill into law, and as such, the weaknesses identified
persist in the Sierra Leone’s AML/CFT regime. The TC/Plenary
noted further that a considerable number of actions
required to be taken to rectify the deficiencies are dependent
on the enactment of the AML/CFT bill. In addition, Sierra Leone
has not operationalised its approved National AML/CFT
Strategy designed to facilitate the implementation of the
AML/CFT regime in a coordinated and concerted manner.
GIABA calls upon Sierra Leone to pass this draft AML/CFT Bill into
law before April 30, 2012, and urgently to implement satisfactory
and comprehensive AML/CFT regime.
GIABA also calls on the Authority of Heads of State and
Government of the Economic Community of West African States
(ECOWAS) to prevail on Sierra Leone to address the identified
deficiencies in its AML/CFT system as the continued non-
compliance poses serious threat to the integrity and soundness of
the regional and global financial system.
Click here to view Statement (pdf file)
____________________________________________________
Sanctions:
UN measures in place including arms embargo and travel ban on
certain persons. For further information please visit the following
link: -
http://www.un.org/sc/committees/1132/index.shtml
EU restrictive measures also in place: -
http://ec.europa.
eu/external_relations/cfsp/sanctions/docs/measures_en.pdf
US has sanctions in force on the trading of rough diamonds,
which would be relevant for Sierra Leone. For further information,
please visit the following link: -
http://www.ustreas.
gov/offices/enforcement/ofac/programs/diamonds/diamond.pdf
____________________________________________________
Offshore Jurisdiction Blacklists:
Information unavailable.
____________________________________________________
US State Department Money Laundering Report - 2011:
Sierra Leone has a cash-based economy and is not a regional
financial center. Money laundering activities are pervasive in the
diamond sector. Despite tighter regulation, monitoring, and
enforcement, in some areas significant diamond smuggling and
the laundering of diamonds still exists. Drug smuggling is also a
problem in Sierra Leone. Real estate and car dealerships also are
vulnerable to money laundering activities. Loose oversight of
financial institutions, weak regulations, pervasive corruption,
porous borders, and a widespread informal money exchange and
remittance system contribute to an atmosphere conducive to
money laundering.
DO FINANCIAL INSTITUTIONS ENGAGE IN CURRENCY
TRANSACTIONS RELATED TO INTERNATIONAL NARCOTICS
TRAFFICKING THAT INCLUDE SIGNIFICANT AMOUNTS OF US
CURRENCY; CURRENCY DERIVED FROM ILLEGAL SALES IN
THE U.S.; OR THAT OTHERWISE SIGNIFICANTLY AFFECT THE
U.S.: NO
CRIMINALIZATION OF MONEY LAUNDERING:
“All serious crimes” approach or “list” approach to predicate
crimes: List approach
Legal persons covered: criminally: YES civilly: YES
CRIMINALIZATION OF TERRORIST FINANCING:
Ability to freeze terrorist assets without delay: NO
UN lists of designated terrorists or terrorist entities distributed to
financial institutions: NO
KNOW-YOUR-CUSTOMER RULES:
Covered entities: Banks; financial leasing firms; money and
currency changers; credit card, travelers check and other
financial instrument issuers; investment companies, insurance,
merchant and investment banks, and securities and commodities
dealers
Enhanced due diligence procedures for PEPs: Foreign: NO
Domestic: YES
SUSPICIOUS TRANSACTION REPORTING REQUIREMENTS:
Covered entities: Banks; financial leasing firms; money and
currency changers; credit card, travelers check and other
financial instrument issuers; investment companies, insurance,
merchant and investment banks, and securities and commodities
dealers
Number of STRs received and time frame: Five from January –
November 2010
Number of CTRs received and time frame: Not available
MONEY LAUNDERING CRIMINAL
PROSECUTIONS/CONVICTIONS:
Prosecutions: Not available
Convictions: Not available
Assets forfeited: criminally: Not available civilly: Not available
RECORDS EXCHANGE MECHANISM:
With U.S.: YES
With other governments/jurisdictions: YES
Sierra Leone is a member of the Inter Governmental Action Group
Against Money Laundering in West Africa (GIABA), a Financial
Action Task Force (FATF)-style regional body. Its most recent
mutual evaluation can be found here: http://www.giaba.org/index.
php?type=c&id=50&mod=2&men=2
ENFORCEMENT AND IMPLEMENTATION ISSUES AND
COMMENTS:
Anti-money laundering activities are covered by the Anti-Money
Laundering Act of 2005 (AMLA), as well as guidelines issued by
the Bank of Sierra Leone’s Financial Intelligence Unit (FIU) that
significantly enhance the AMLA’s provisions and carry legal
weight. These guidelines have been incorporated into the draft of
a new Anti-Money Laundering/Combating Financing of Terrorism
(AML/CFT) bill that has been approved by the Cabinet and is
expected to be passed by Parliament and enacted into law in
early 2011.
Although the Government of Sierra Leone (GOSL) has enacted
anti-money laundering legislation, the GOSL needs to take action
to ensure its AML regime is effectively implemented. The FIU lacks
the capacity to effectively monitor, regulate, analyze and
disseminate financial intelligence. The AMLA charges the
Transnational Organised Crime Unit (TOCU) and the Attorney
General’s Office with investigating reports made by the FIU. TOCU
is authorized to undertake complete investigations and effect
arrests. The Attorney General’s Office has limited mandate to
investigate and arrest. The Sierra Leone Police, National
Revenue Authority, and Anti-Corruption Commission have very
limited abilities to investigate money laundering crimes; the Anti-
Corruption Commission is attempting to create a financial
forensics capacity in the near future. Limited resources hamper
law enforcement efforts in all arenas. Lack of training in financial
crimes is also a hindrance to successful investigations and
prosecutions. The GOSL should continue its efforts to counter the
smuggling of diamonds and narcotics, and regulate sectors which
are vulnerable to money laundering. Sierra Leone should
continue to take steps to combat corruption at all levels of
commerce and government. The GOSL should ratify the UN
Convention against Transnational Organized Crime.
____________________________________________________
US State Dept Narcotics Report 2012:
With its porous borders, poorly patrolled coastline, weak
infrastructure, and deep poverty, Sierra Leone presents a
potentially attractive transshipment point for illegal drugs. The
government’s efforts to combat the drug flow in 2011 continued to
be hampered by resource constraints and limited operational
sophistication. Sierra Leone’s limited enforcement capacity,
inadequate drug treatment and rehabilitation programs, and
corruption often impede its counternarcotics efforts.
Cocaine is the main drug transiting Sierra Leone. It moves
through the country’s unguarded and unprotected borders, both
land and sea, from South America to Europe via intermediary
points such as Guinea and Guinea-Bissau. Small amounts of
Southeast Asian heroin are also suspected of being shipped
through Sierra Leone on direct commercial flights from East
Africa. Sierra Leone’s endemic corruption certainly facilitates
trafficking, as government officials and police and intelligence
officers accept bribes, to turn a blind eye on trafficking, or even
engage in trafficking drugs themselves. As a matter of policy,
however, the government of Sierra Leone does not encourage or
facilitate the illicit production or distribution of narcotics or launder
proceeds from illegal drug transactions. There is no evidence that
any senior government official engages in, encourages, or
facilitates the illicit production or distribution of drugs. The only
drug produced in Sierra Leone is marijuana. It is widely cultivated
and consumed locally, and is also transported to surrounding
countries and to Europe. Increased cannabis cultivation has given
rise to food security concerns as farmers substitute it for
subsistence farming. Diversion of precursor chemicals is not a
problem in Sierra Leone.
The National Drug Control Act of 2008 brought Sierra Leone’s
laws into conformity with international conventions and norms. It
defined stricter penalties for all drug-related charges, contained
mutual legal assistance provisions, and authorized a budget
appropriation to support prevention and control activities. Efforts
to strengthen the law began in 2010, but as of 2011 a revised law
had not yet been passed. Sierra Leone is a party to all of the UN
Drug Conventions and the 1972 Protocol. The 1935 Extradition
Treaty between the United States and Great Britain remains in
force between the United States and Sierra Leone. Sierra Leone
is a party to the UN Convention against Corruption. Though Sierra
Leone signed the UN Convention against Transnational
Organized Crime in 2001, it has yet to ratify it. The 2009 Maritime
Counter Drug Bilateral Agreement promotes cooperation between
the U.S. and Sierra Leone for the purpose of suppressing illicit
transnational maritime activity, including narcotics trafficking.
The 2008 Drug Control Act also established a National Drug Law
Enforcement Agency (NDLEA) to serve as the focal point on
policy issues and investigations. However, with limited staff and
virtually no budget, it is a hollow organization with no real capacity
and no demonstrated successes. The vast majority of drug
interdiction activity is carried out by the Transnational Organized
Crime Unit (TOCU), an elite inter-agency unit supported by the
UN Office of Drugs and Crime (UNODC) and other international
donors. Donor agencies have helped TOCU increase its capacity
significantly since TOCU’s establishment. However, TOCU still
needs continued training as well as improved forensic capabilities,
including a dedicated forensic laboratory. Sierra Leone’s plans to
create a special court dedicated to organized crime and narcotics
issues with specially trained judges and prosecutors, supported
by UNODC, has not yet been implemented.
During the period October 2009 to June 2011, TOCU conducted
172 investigations, which led to 114 court cases; the remaining
cases were closed without any prosecutions. In the first half of
2011, TOCU conducted 45 investigations which led to 32 court
cases. The vast majority of these cases were for cultivating,
selling, and trafficking in marijuana. There were also several
charges for possession and sale of cocaine. TOCU also
investigated cases of suspected human trafficking and 419
financial scams.
U.S.-supported interdiction efforts were focused on the Joint
Maritime Committee a kind of coast guard which conducts patrols
with three small cutters, donated by the U.S. Coast Guard and a
larger Shanghai-class patrol boat donated by the Chinese
government. In 2011, U.S. Africa Command (AFRICOM) funded
significant infrastructure improvements at TOCU, including an
automated ship identification system, two radars, and improved
Internet access. In addition, in 2011, the African Maritime Law
Enforcement Partnership, a program of the Africa Partnership
Station administered byAFRICOM, conducted joint Sierra Leone/U.
S. Coast Guard training, surveillance, and law enforcement
operations. These operations included the Coast Guard Cutter
“FORWARD” embarking a law enforcement team from Sierra
Leone to locate and board vessels suspected of illegally
trafficking narcotics.
____________________________________________________
US State Dept Trafficking in Persons Report 2011
(introduction):
(Tier 2)
Sierra Leone is a source, transit, and destination country for
children and women subjected to forced labor and sex trafficking.
Victims originate largely from rural provinces and refugee
communities within the country, and are recruited to urban and
mining centers for the purposes of exploitation in prostitution,
domestic servitude, and forced service or labor in petty trading,
portering, rock-breaking, street crime, and begging. Trafficking
victims may also be found in the fishing and agricultural sectors or
are subjected to forced prostitution or forced labor through
customary practices such as forced and arranged marriages.
Sierra Leoneans voluntarily migrate to other West African
countries, including Mauritania and Guinea, the Middle East, and
Europe, where they are subsequently subjected to forced labor
and forced prostitution. Sierra Leone may also be a destination
country for children trafficked from Nigeria, and possibly from
Liberia and Guinea, for forced begging, forced labor, and
prostitution.
The Government of Sierra Leone does not fully comply with the
minimum standards for the elimination of trafficking; however, it is
making significant efforts to do so. During the year, the
government convicted six persons for trafficking-related crimes
and imposed adequate sentences in each case, though it did not
provide sufficient details to determine whether these cases
constituted trafficking. Awareness of existing anti-trafficking
legislation remained weak, and trafficking cases may have been
prosecuted under other legal statutes or settled out of court.
While the government acknowledged that trafficking is a problem
in the country, it did not allocate adequate financial or human
resources to provide protective services to victims or to educate
the population about the dangers of trafficking. The National
Trafficking in Persons Task Force submitted a budget request in
late 2010, but it had not been approved by the end of the
reporting period.
For full report click here
____________________________________________________
US State Dept Terrorism Report 2009
No report available
____________________________________________________
Links:
Worldwide AML Legislation (International Bar Association)
Enhanced Follow-Up Process in respect of Sierra Leone
November 29, 2011 - The Inter-Governmental Action Group
against Money Laundering in West Africa (GIABA) has
since 2007 been concerned about the identified significant
weaknesses in the anti money laundering/combating the
financing of terrorism (AML/CFT) regime of the Republic of
Sierra Leone.
At its 16th Technical Commission/Plenary (TC/Plenary) meeting
held in Lome, Togo from 14-16 November, 2011, GIABA noted
that the passage of the draft AML/CFT Bill of Sierra Leone had
been pending since April 2009. Even after the assistance
by GIABA, the World Bank and UNODC in the revision of the
draft Bill to ensure that the legislation is comprehensive, and that
it meets international AML/CFT standards, Sierra Leone is yet to
pass the bill into law, and as such, the weaknesses identified
persist in the Sierra Leone’s AML/CFT regime. The TC/Plenary
noted further that a considerable number of actions
required to be taken to rectify the deficiencies are dependent
on the enactment of the AML/CFT bill. In addition, Sierra Leone
has not operationalised its approved National AML/CFT
Strategy designed to facilitate the implementation of the
AML/CFT regime in a coordinated and concerted manner.
GIABA calls upon Sierra Leone to pass this draft AML/CFT Bill into
law before April 30, 2012, and urgently to implement satisfactory
and comprehensive AML/CFT regime.
GIABA also calls on the Authority of Heads of State and
Government of the Economic Community of West African States
(ECOWAS) to prevail on Sierra Leone to address the identified
deficiencies in its AML/CFT system as the continued non-
compliance poses serious threat to the integrity and soundness of
the regional and global financial system.
Click here to view Statement (pdf file)
____________________________________________________
Sanctions:
UN measures in place including arms embargo and travel ban on
certain persons. For further information please visit the following
link: -
http://www.un.org/sc/committees/1132/index.shtml
EU restrictive measures also in place: -
http://ec.europa.
eu/external_relations/cfsp/sanctions/docs/measures_en.pdf
US has sanctions in force on the trading of rough diamonds,
which would be relevant for Sierra Leone. For further information,
please visit the following link: -
http://www.ustreas.
gov/offices/enforcement/ofac/programs/diamonds/diamond.pdf
____________________________________________________
Offshore Jurisdiction Blacklists:
Information unavailable.
____________________________________________________
US State Department Money Laundering Report - 2011:
Sierra Leone has a cash-based economy and is not a regional
financial center. Money laundering activities are pervasive in the
diamond sector. Despite tighter regulation, monitoring, and
enforcement, in some areas significant diamond smuggling and
the laundering of diamonds still exists. Drug smuggling is also a
problem in Sierra Leone. Real estate and car dealerships also are
vulnerable to money laundering activities. Loose oversight of
financial institutions, weak regulations, pervasive corruption,
porous borders, and a widespread informal money exchange and
remittance system contribute to an atmosphere conducive to
money laundering.
DO FINANCIAL INSTITUTIONS ENGAGE IN CURRENCY
TRANSACTIONS RELATED TO INTERNATIONAL NARCOTICS
TRAFFICKING THAT INCLUDE SIGNIFICANT AMOUNTS OF US
CURRENCY; CURRENCY DERIVED FROM ILLEGAL SALES IN
THE U.S.; OR THAT OTHERWISE SIGNIFICANTLY AFFECT THE
U.S.: NO
CRIMINALIZATION OF MONEY LAUNDERING:
“All serious crimes” approach or “list” approach to predicate
crimes: List approach
Legal persons covered: criminally: YES civilly: YES
CRIMINALIZATION OF TERRORIST FINANCING:
Ability to freeze terrorist assets without delay: NO
UN lists of designated terrorists or terrorist entities distributed to
financial institutions: NO
KNOW-YOUR-CUSTOMER RULES:
Covered entities: Banks; financial leasing firms; money and
currency changers; credit card, travelers check and other
financial instrument issuers; investment companies, insurance,
merchant and investment banks, and securities and commodities
dealers
Enhanced due diligence procedures for PEPs: Foreign: NO
Domestic: YES
SUSPICIOUS TRANSACTION REPORTING REQUIREMENTS:
Covered entities: Banks; financial leasing firms; money and
currency changers; credit card, travelers check and other
financial instrument issuers; investment companies, insurance,
merchant and investment banks, and securities and commodities
dealers
Number of STRs received and time frame: Five from January –
November 2010
Number of CTRs received and time frame: Not available
MONEY LAUNDERING CRIMINAL
PROSECUTIONS/CONVICTIONS:
Prosecutions: Not available
Convictions: Not available
Assets forfeited: criminally: Not available civilly: Not available
RECORDS EXCHANGE MECHANISM:
With U.S.: YES
With other governments/jurisdictions: YES
Sierra Leone is a member of the Inter Governmental Action Group
Against Money Laundering in West Africa (GIABA), a Financial
Action Task Force (FATF)-style regional body. Its most recent
mutual evaluation can be found here: http://www.giaba.org/index.
php?type=c&id=50&mod=2&men=2
ENFORCEMENT AND IMPLEMENTATION ISSUES AND
COMMENTS:
Anti-money laundering activities are covered by the Anti-Money
Laundering Act of 2005 (AMLA), as well as guidelines issued by
the Bank of Sierra Leone’s Financial Intelligence Unit (FIU) that
significantly enhance the AMLA’s provisions and carry legal
weight. These guidelines have been incorporated into the draft of
a new Anti-Money Laundering/Combating Financing of Terrorism
(AML/CFT) bill that has been approved by the Cabinet and is
expected to be passed by Parliament and enacted into law in
early 2011.
Although the Government of Sierra Leone (GOSL) has enacted
anti-money laundering legislation, the GOSL needs to take action
to ensure its AML regime is effectively implemented. The FIU lacks
the capacity to effectively monitor, regulate, analyze and
disseminate financial intelligence. The AMLA charges the
Transnational Organised Crime Unit (TOCU) and the Attorney
General’s Office with investigating reports made by the FIU. TOCU
is authorized to undertake complete investigations and effect
arrests. The Attorney General’s Office has limited mandate to
investigate and arrest. The Sierra Leone Police, National
Revenue Authority, and Anti-Corruption Commission have very
limited abilities to investigate money laundering crimes; the Anti-
Corruption Commission is attempting to create a financial
forensics capacity in the near future. Limited resources hamper
law enforcement efforts in all arenas. Lack of training in financial
crimes is also a hindrance to successful investigations and
prosecutions. The GOSL should continue its efforts to counter the
smuggling of diamonds and narcotics, and regulate sectors which
are vulnerable to money laundering. Sierra Leone should
continue to take steps to combat corruption at all levels of
commerce and government. The GOSL should ratify the UN
Convention against Transnational Organized Crime.
____________________________________________________
US State Dept Narcotics Report 2012:
With its porous borders, poorly patrolled coastline, weak
infrastructure, and deep poverty, Sierra Leone presents a
potentially attractive transshipment point for illegal drugs. The
government’s efforts to combat the drug flow in 2011 continued to
be hampered by resource constraints and limited operational
sophistication. Sierra Leone’s limited enforcement capacity,
inadequate drug treatment and rehabilitation programs, and
corruption often impede its counternarcotics efforts.
Cocaine is the main drug transiting Sierra Leone. It moves
through the country’s unguarded and unprotected borders, both
land and sea, from South America to Europe via intermediary
points such as Guinea and Guinea-Bissau. Small amounts of
Southeast Asian heroin are also suspected of being shipped
through Sierra Leone on direct commercial flights from East
Africa. Sierra Leone’s endemic corruption certainly facilitates
trafficking, as government officials and police and intelligence
officers accept bribes, to turn a blind eye on trafficking, or even
engage in trafficking drugs themselves. As a matter of policy,
however, the government of Sierra Leone does not encourage or
facilitate the illicit production or distribution of narcotics or launder
proceeds from illegal drug transactions. There is no evidence that
any senior government official engages in, encourages, or
facilitates the illicit production or distribution of drugs. The only
drug produced in Sierra Leone is marijuana. It is widely cultivated
and consumed locally, and is also transported to surrounding
countries and to Europe. Increased cannabis cultivation has given
rise to food security concerns as farmers substitute it for
subsistence farming. Diversion of precursor chemicals is not a
problem in Sierra Leone.
The National Drug Control Act of 2008 brought Sierra Leone’s
laws into conformity with international conventions and norms. It
defined stricter penalties for all drug-related charges, contained
mutual legal assistance provisions, and authorized a budget
appropriation to support prevention and control activities. Efforts
to strengthen the law began in 2010, but as of 2011 a revised law
had not yet been passed. Sierra Leone is a party to all of the UN
Drug Conventions and the 1972 Protocol. The 1935 Extradition
Treaty between the United States and Great Britain remains in
force between the United States and Sierra Leone. Sierra Leone
is a party to the UN Convention against Corruption. Though Sierra
Leone signed the UN Convention against Transnational
Organized Crime in 2001, it has yet to ratify it. The 2009 Maritime
Counter Drug Bilateral Agreement promotes cooperation between
the U.S. and Sierra Leone for the purpose of suppressing illicit
transnational maritime activity, including narcotics trafficking.
The 2008 Drug Control Act also established a National Drug Law
Enforcement Agency (NDLEA) to serve as the focal point on
policy issues and investigations. However, with limited staff and
virtually no budget, it is a hollow organization with no real capacity
and no demonstrated successes. The vast majority of drug
interdiction activity is carried out by the Transnational Organized
Crime Unit (TOCU), an elite inter-agency unit supported by the
UN Office of Drugs and Crime (UNODC) and other international
donors. Donor agencies have helped TOCU increase its capacity
significantly since TOCU’s establishment. However, TOCU still
needs continued training as well as improved forensic capabilities,
including a dedicated forensic laboratory. Sierra Leone’s plans to
create a special court dedicated to organized crime and narcotics
issues with specially trained judges and prosecutors, supported
by UNODC, has not yet been implemented.
During the period October 2009 to June 2011, TOCU conducted
172 investigations, which led to 114 court cases; the remaining
cases were closed without any prosecutions. In the first half of
2011, TOCU conducted 45 investigations which led to 32 court
cases. The vast majority of these cases were for cultivating,
selling, and trafficking in marijuana. There were also several
charges for possession and sale of cocaine. TOCU also
investigated cases of suspected human trafficking and 419
financial scams.
U.S.-supported interdiction efforts were focused on the Joint
Maritime Committee a kind of coast guard which conducts patrols
with three small cutters, donated by the U.S. Coast Guard and a
larger Shanghai-class patrol boat donated by the Chinese
government. In 2011, U.S. Africa Command (AFRICOM) funded
significant infrastructure improvements at TOCU, including an
automated ship identification system, two radars, and improved
Internet access. In addition, in 2011, the African Maritime Law
Enforcement Partnership, a program of the Africa Partnership
Station administered byAFRICOM, conducted joint Sierra Leone/U.
S. Coast Guard training, surveillance, and law enforcement
operations. These operations included the Coast Guard Cutter
“FORWARD” embarking a law enforcement team from Sierra
Leone to locate and board vessels suspected of illegally
trafficking narcotics.
____________________________________________________
US State Dept Trafficking in Persons Report 2011
(introduction):
(Tier 2)
Sierra Leone is a source, transit, and destination country for
children and women subjected to forced labor and sex trafficking.
Victims originate largely from rural provinces and refugee
communities within the country, and are recruited to urban and
mining centers for the purposes of exploitation in prostitution,
domestic servitude, and forced service or labor in petty trading,
portering, rock-breaking, street crime, and begging. Trafficking
victims may also be found in the fishing and agricultural sectors or
are subjected to forced prostitution or forced labor through
customary practices such as forced and arranged marriages.
Sierra Leoneans voluntarily migrate to other West African
countries, including Mauritania and Guinea, the Middle East, and
Europe, where they are subsequently subjected to forced labor
and forced prostitution. Sierra Leone may also be a destination
country for children trafficked from Nigeria, and possibly from
Liberia and Guinea, for forced begging, forced labor, and
prostitution.
The Government of Sierra Leone does not fully comply with the
minimum standards for the elimination of trafficking; however, it is
making significant efforts to do so. During the year, the
government convicted six persons for trafficking-related crimes
and imposed adequate sentences in each case, though it did not
provide sufficient details to determine whether these cases
constituted trafficking. Awareness of existing anti-trafficking
legislation remained weak, and trafficking cases may have been
prosecuted under other legal statutes or settled out of court.
While the government acknowledged that trafficking is a problem
in the country, it did not allocate adequate financial or human
resources to provide protective services to victims or to educate
the population about the dangers of trafficking. The National
Trafficking in Persons Task Force submitted a budget request in
late 2010, but it had not been approved by the end of the
reporting period.
For full report click here
____________________________________________________
US State Dept Terrorism Report 2009
No report available
____________________________________________________
Links:
Worldwide AML Legislation (International Bar Association)
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| Further Tables |
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*Please note that FATF deems that a country has significant aml deficiencies if
any of the 'Core' Recommendations, R1, R5, R10, R13, SRII, or SRIV are rated
either Partially of Non-Compliant. These are marked in red.
For FATF to remove a country from the regular follow-up process, it has to be rated
Compliant or Largely Compliant in the above mentioned Core Recommendations
and the following Key Recommendations: -
R3, R4, R23, R26, R35, R36, R40, SRI, SRIII, SRV
Please also note that any risk assessment should take into consideration all
follow-up reports.
any of the 'Core' Recommendations, R1, R5, R10, R13, SRII, or SRIV are rated
either Partially of Non-Compliant. These are marked in red.
For FATF to remove a country from the regular follow-up process, it has to be rated
Compliant or Largely Compliant in the above mentioned Core Recommendations
and the following Key Recommendations: -
R3, R4, R23, R26, R35, R36, R40, SRI, SRIII, SRV
Please also note that any risk assessment should take into consideration all
follow-up reports.
| SIERRA LEONE |
| KnowYourCountry |
|
|
AML News / Updates
The Intergovernmental Action Group against Money Laundering in
West Africa (GIABA) issued a public statement regarding the
deficiencies in the AML/CFT regime in Sierra Leone
The Intergovernmental Action Group against Money Laundering in
West Africa (GIABA) issued a public statement regarding the
deficiencies in the AML/CFT regime in Sierra Leone
| Last Updated: 16 April 2012 |