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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Togolese National Assembly has taken a step forward
significant in the fight against illicit financial flows. The country is
equipped with a new legal arsenal against illicit financial flows and the
financing the proliferation of weapons.
Deputies adopted, at the sixth sitting
plenary the draft law on the fight against money laundering,
the financing of terrorism and the proliferation of weapons of destruction
massive. The text was passed by an absolute majority of the parliamentarians present,
under the chairmanship of Professor Komi Selom Klassou and in the presence of
Ministers for Finance and Relations with Parliament. This vote is in response to the
need to strengthen the country's legislative shield against practices that
undermine the foundations of the state.
The new Togolese law wants to be the tool
strategic to counter these scourges. According to the Honourable Aklesso Atcholi,
president of the UNIR majority parliamentary group, this text is essential for
“protect the Togolese economy, sustainably strengthen national security and
maintaining credibility, responsibility, and respectability
international countries of the country”. It's about sending a clear signal to partners
international agreements on the Lomé commitment to good governance
financial.
The adoption of this law is also part of a process of regional harmonization within the Union West African Economic and Monetary Affairs (UEMOA). It aims to take into account the actions undertaken by the international community and the Member States of the UMOA for a more effective control system
.
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20/02/2026 - Conformité
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