Mozambique’s GIFiM expands AML supervision to casinos and other sectors
Regulation1 min read
Mozambique’s Financial Intelligence Office (GIFiM) announced a risk-based anti-money laundering supervision drive covering casinos and other non-financial sectors. The strategy would replace assessments to identify higher-risk businesses with occasional supervisory checks, while GIFiM already oversees real estate and vehicle trading for AML purposes.
Mozambique's Financial Intelligence Office (GIFiM) has unveiled a plan to increase anti-money laundering supervision of casinos and other non-financial sectors. The initiative seeks to curb criminal networks exploiting weaknesses outside banking and protect progress made since Mozambique left the Financial Action Task Force (FATF) grey list in October 2025.
The strategy would replace assessments designed to identify higher-risk businesses with occasional supervisory checks, said Alberto Cangela Júnior, GIFiM's director of central services for studies and cooperation. The sectors under consideration include property, vehicle trading, precious stones and metals, and services provided by lawyers, auditors and accountants.
Real estate and automobile purchases and sales already fall under GIFiM's anti-money laundering oversight, as neither has a dedicated sector regulator. Regulatory flaws emerged from a GIFiM strategic analysis of Mozambique's real estate industry published in October 2026.
At the workshop, Mozambique's finance ministry permanent secretary, Albertina Fruquia, said property, casinos, precious stones and metals trading, and professional services were part of the country's defence strategy. The week-long workshop in Maputo has participants from Southern and Eastern African countries, with support from World Bank and FATF experts.