Dans le but de renforcer the national system for the prevention and fight against money laundering, the financing of terrorism and the proliferation of weapons of mass destruction, Angola reiterated Friday its high-level commitment to the implementation of the action plan of GAFI . Two other countries have been added to the FATF grey list

The Financial Action Task Force plenary (GAFI ) decided on Friday, It is up to Paris to include Angola, Algeria and Côte d'Ivoire in the list of countries under increased surveillance, according to a statement from the Ministry of Finance. GAFI According to the information, this list includes countries that are committed to resolving identified strategic deficiencies quickly, within the timeframes agreed with the. Angola was subjected to a one-year observation period, during which it was supposed to implement the 87 recommended actions. According to the document, Angola made significant progress during the observation period, modifying and creating legal instruments that are essential for the national system to prevent and combat money laundering, terrorist financing and the proliferation of weapons of mass destruction.

The country has implemented advances such as the approval of the Criminal Code, Law No. 5/20 of January 27 (relating to the prevention and fight against money laundering, the financing of terrorism, and the proliferation of weapons of mass destruction), Law No. 19/ 17 of August 25 (relating to the prevention and fight against terrorism) and law no. 13/15 of 19 June (relating to international judicial cooperation in criminal matters). Angola has also encouraged changes in specific regulations in the various sectors (financial and non-financial) that contribute to the Angolan system for the prevention and control of BCFTP and has made significant progress in strengthening national cooperation and coordination, international cooperation and the use of financial information by competent authorities

For Côte d'Ivoire, despite the recent adoption of new laws, progress remains to be made on several fronts. The aim will be to improve international cooperation in the area of information exchange and mutual legal assistance in transnational cases, to strengthen the supervision of the financial sector (banks, insurance, money transfers) to ensure the effective application of AML/CFT measures and to increase efforts to detect, prosecute and prosecute judicial offences against money laundering and terrorist

In Algeria, several improvements are needed to strengthen the national AML/CFT system. This involves the establishment of genuine risk-based supervision, in particular the adaptation of vigilance measures to the level of risks identified for each client/operation, the guarantee of better access to information on the beneficial ownership of companies and legal structures in order to identify their true beneficiaries. And the revision and consolidation of the legal framework for targeted financial sanctions against persons/entities linked to the financing of terrorism