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LCB/FT: Djibouti is committed to the mutual evaluation of GAFIMOAN

24/10/2023
Source : ORISHAS FINANCE
Categories: Sectors

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A high-level virtual meeting was held on Thursday, October 19, at the Kempinski Hotel between the Government of Djibouti and the Presidency of the Middle East and North Africa International Financial Action Group (GAFIMOAN). This is a meeting that commits Djibouti to the mutual evaluation process following the recommendations of this institution, of which the country has been a member since 2018.

La The Republic of Djibouti hopes to become a regional commercial and financial hub. The country is thus committed to the mutual evaluation of the GAFIMOAN, which is a process that aims to measure the effectiveness of the country's financial system, in the field of combating money laundering, terrorist financing and the proliferation of weapons of mass destruction. By decree of 9 August 2023, the Republic of Djibouti established a national coordination under the authority of the Attorney-General of the Republic, Djamasouleiman Ali,

in accordance with the FATF.
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