{"id":28235,"date":"2026-07-06T12:04:39","date_gmt":"2026-07-06T15:04:39","guid":{"rendered":"https:\/\/focusgn.com\/africa\/?p=28235"},"modified":"2026-07-08T07:01:52","modified_gmt":"2026-07-08T10:01:52","slug":"burundi-lona-trains-executives-on-money-laundering-risk-assessment","status":"publish","type":"post","link":"https:\/\/focusgn.com\/africa\/burundi-lona-trains-executives-on-money-laundering-risk-assessment","title":{"rendered":"Burundi LONA trains executives on money laundering risk assessment"},"content":{"rendered":"\n
Burundi’s financial intelligence unit is running the five-day course to help LONA executives detect and manage money laundering and terrorist-financing risks in the gaming sector.<\/p>\n\n\n\n\n\n\n\n
Burundi.- Officials of the National Lottery of Burundi (LONA)<\/strong> have begun a five-day training programme on assessing money laundering and terrorist financing risks, part of efforts to strengthen fraud prevention and financial crime compliance in the country’s gaming sector.<\/p>\n\n\n\n The course is being delivered by the National Financial Intelligence Unit (CNRF) <\/strong>and is designed to equip LONA executives to identify, assess and manage those risks. LONA said on July 6 that the programme would give participants practical tools to strengthen anti-money laundering (AML)<\/strong> and counter-terrorism financing (CTF)<\/strong> controls, improve risk assessment and enhance the detection and prevention of financial crimes linked to gambling.<\/p>\n\n\n\n The training covers key AML and CTF risk assessment principles, including identifying vulnerabilities, evaluating customer and transaction risks<\/a>, strengthening internal controls, customer due diligence, record-keeping, staff awareness and effective reporting and compliance procedures.<\/p>\n\n\n\n The programme forms part of LONA\u2019s broader efforts to strengthen regulatory compliance and align its oversight framework with international standards for combating financial crime.<\/p>\n\n\n\n The training comes days after the regulator warned gambling companies, street vendors and payment service providers involved in illegal gambling activities to cease their operations. During a press conference in Bujumbura<\/a> on June 26, LONA said it was intensifying efforts to curb unauthorised gambling and improve compliance across the sector as part of wider reforms to strengthen oversight of Burundi\u2019s gaming industry.<\/p>\n\n\n