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Fight against financial crime: the FATF and GIABA assess Member States' AML/FT/FP arrangements

24/12/2024
Source : ORISHAS FINANCE
Categories: Compliance

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Since last Monday, December 16, a series of information and working visits have been organized with all actors in the public and private sectors, which will end on Thursday, December 26.

The Financial Action Task Force (FATF) and the Intergovernmental Action Group against Money Laundering in West Africa (GIABA) conduct cyclical evaluations of member states' AML/FT/FP arrangements. The purpose of the exchanges was therefore to share the new road map, namely the detailed action plan, and to designate the representative of the said ministry in the working group. The Prime Minister's emissary said that the expectations are, mainly, to place a high emphasis on communication and to regularly inform stakeholders on the status of progress

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