About FIA

The Financial Intelligence Authority (“FIA”) formally known as The Financial Intelligence Unit("FIU" or “the Unit”) is a government organ which was established under statute and powers indicated in the Money Laundering, Proceeds of Serious Crimes and Terrorist Financing Act, Number 11 of 2006. The Act was assented by the President on 24th August, 2006 and the FIA was established and became operational in July 2007. The FIA is an autonomous central national body reporting directly to the Minister of Finance.

The Act therefore sets up a regulatory anti-money laundering regime which is intended to break and prevent the cycle used by organised criminal groups to benefit from illegitimate proceeds in order to maintain the integrity of the financial system. The Act imposes reporting obligations, 'know your client' and record-keeping on reporting institutions, supervisory authorities and auditors. It also requires reporting institutions to develop and implement internal rules to facilitate compliance with these obligations.


Our Vision
To be leaders in the fight against Money Laundering, Terrorist Financing and related financial crimes thereby contributing towards the economic and financial stability of Malawi. .
Core Functions
The FIA is responsible for coordinating and strengthening efforts of national and international intelligence and enforcement agencies in pursuing the global efforts to fight against money laundering, terrorist financing and related crimes. The Financial Intelligence Unit is established in order to identify the proceeds of serious crime and to combat money laundering and terrorist financing activities.
Organisational Structure
The organisational structure for the Financial Intelligence Authority - Malawi can be viewed from the link provided below:
Local Partners
The Authority aims to meet its objectives by making information it collects and substantiates, available to investigating authorities, such as the Anti Corruption Bureau (ACB), Director of Public Prosecution (DPP), Fiscal and Fraud Police Unit (FFU), National Intelligence Service (NIS) and the Malawi Revenue Authority (MRA).
Overall architecture
Our overall architecture in relation to other stakeholders can be viewed from the link below:
Our Mission
The FIA is determined to prevent and detect Money Laundering, Terrorist Financing and financial related crimes by providing quality intelligence to law enforcers and foreign FIUs. Our commitment extends to the provision of: training; an effective compliance framework to reduce Money Laundering and Terrorist Financing risks; and public awareness on the trends of Money Laundering and Terrorist Financing, and the impact these have on the economic and financial stability of Malawi. To accomplish its mission the FIA shall engage suitably qualified professionals who will conduct themselves with integrity.

News & Updates

This page was last updated on FIA envisions a crime-free society in new Strategic Plan The Financial Intelligence Authority (FIA) has developed a new Strategic Plan covering the period 2017 to 2022 in which it has aligned its operations towards its vision of a crime-free Malawi ...
FIA employees urged to continue embracing team spirit Employees of the Financial Intelligence Authority (FIA) have been called upon to continue working as a team for effective and efficient delivery of operations.

The call was made by the FIA’s Director General, Mrs. Atuweni Juwayeyi-Agbermodji, during a team building ....


Charter Insurance for total AML/CFT compliance Charter Insurance Company Limited is determined to totally comply with anti-money laundering and combating the financing of terrorism (AML/CFT) requirements ...
FIA CLOCKS 10 YEARS The Financial Intelligence Authority (FIA) is celebrating a decade of existence in the country. The Authority commenced its operations on 17 July 2007.

Atuweni Juwayeyi-Agbermodji, Director General of the FIA, has since hailed the...


NOW CALL IT FINANCIAL INTELLIGENCE AUTHORITY – Govt The Malawi Government has advised all government entities that the Financial Intelligence Unit (FIU) was changed to Financial Intelligence Authority (FIA). In a circular addressed to all Principal Secretaries and Heads of Departments and Agencies, the Chief Secretary to the Government Mr. Lloyd Muhara says, “the Financial Intelligence Unit (FIU) ceased to exist on 17 February 2017 ..... FIA SIGNS MoU WITH SIERRA LEONE FIU The Financial Intelligence Authority (FIA) has signed a memorandum of understanding (MoU) with Sierra Leone Financial Intelligence Unit (FIU) to enable the two agencies exchange financial intelligence related to money laundering, terrorist financing and financing of proliferation of weapons of mass destruction ...... MALAWI ISSUES REGULATIONS ON SUPPRESSION OF TERRORIST FINANCING AND PROLIFERATION The Malawi Government has issued the Financial Crimes Regulations on Suppression of Terrorist Financing and Proliferation. This was done by the Minister of Finance, Economic Planning and Development, Honourable Dr. Goodall Gondwe, on 17 February 2017. The Regulations have been issued following the enactment of the Financial Crimes Act by the Parliament earlier this month. ... FINANCIAL CRIMES ACT NOW IN FORCE The Financial Crimes Act (FCA) is now in force after the Minister of Finance, Economic Planning and Development, Honourable Dr. Goodall Gondwe, appointed 17 February 2017 as the date the Act came into operation. ... MALAWI PARLIAMENT PASSES FINANCIAL CRIMES BILL INTO LAW The Malawi Parliament passed the Financial Crimes Bill into law on Wednesday, 8 February 2017. The enactment of the Financial Crimes Act repeals the Money Laundering, Proceeds of Serious Crime and Terrorist Financing Act. The new Act creates the Financial Intelligence Authority (FIA) as a principal national agency responsible for preventing and combating financial crimes. ... THE FINANCIAL INTELLIGENCE UNIT HONOURED The Financial Intelligence Unit (FIU) was on 24 January 2017 honoured by the Government for its exceptional service delivery under the Public Sector Reforms Program. This took place in Lilongwe at Bingu International Conference Centre as part of the official opening of the Managing for Development Results Learning Week held under the theme Enhancing a Results Culture in Malawi.... MALAWI GOVERNMENT COMMITTED TO IMPLEMENTING UN SECURITY COUNCIL RESOLUTIONS 1267 AND 1373 The Malawi Government says that it is committed to implementing United Nations Security Council Resolutions (UNSCRs) 1267 and 1373 on dealing with terrorism and terrorist financing... OPPORTUNITY BANK EMBARKS ON COUNTRYWIDE AML/CFT TRAINING OF STAFF AND AGENTS Opportunity Bank of Malawi has embarked on a series of training programs for senior management, staff members and agents to enable them understand anti-money laundering and combating the financing of terrorism (AML/CFT) obligations... MALAWI FIU PRODUCES A SECOND REPORT ON MONEY LAUNDERING TYPOLOGIES The Malawi FIU has produced the second money laundering typologies report detailing how people and businesses in the country laundered proceeds of crime between January 2012 to December 2015...
FDH BOARD OF DIRECTORS SENSITISED ON AML/CFT Board of Directors of the FDH Bank were on 17 August 2016 sensitised on anti-money laundering and combating the financing of terrorism (AML/CFT) concepts by the FIU to enhance their support towards the bank's implementation of anti-money laundering programs...
MALAWI FIU HAS A SERVICE CHARTER The Malawi FIU has developed a Service Charter as part of Public Sector Reform Program being implemented by the government with the aim of ensuring that all government ministries, departments and agencies provide high level of services to the nation...
NICO GENERAL SHARPENS STAFF'S AML/CFT SKILLS NICO General Insurance Company in July this year trained its 62 staff members in anti-money laundering and combating the financing of terrorism (AML/CFT),...
MALAWI TO UNDERGO AML/CFT MUTUAL EVALUATION Malawi will be assessed for the second time on how it is implementing anti-money laundering and combating the financing of terrorism (AML/CFT) recommendations as guided by the Financial Action Task Force (FATF)....
STUDY REVEALS THAT POOR AML CONTROLS POSE HIGH RISK FOR MVTS AND CE SECTORS A study by the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) on money laundering and terrorist financing (ML/TF) through the money or value transfer service (MVTS) and currency exchange (CE) sectors revealed that poor AML controls is one of the major factors that pose high ML risk to the said sectors...
RBM ISSUES DIRECTIVE ON FIT AND PROPER REQUIREMENTS FOR COMPLIANCE OFFICERS AND OTHER SENIOR OFFICIALS OF COMMERCIAL BANKS The Reserve Bank of Malawi (RBM) issued a Financial Services Directive in 2014 on requirements for recruitment or appointment of Compliance Officers to be followed by all commercial banks...