Hicham Sabiry, President of the National Council of the Moroccan Order of Notaries invites notaries to become more involved in the fight against money laundering and terrorist financing in Morocco.

Addressing his peers, the President of the National Council of the Order of Notaries of Morocco calls for vigilance and asks for the implementation of a risk management system. Indeed, notaries are required to put in place policies and rules of internal control, vigilance and detection measures as well as procedures to fight against money laundering and terrorism financing, according to the texts.

Thus, Sabiry reminds us that "vigilance measures underlie the obligation to apply, spontaneously and regularly, vigilance measures relating in particular to the identity of the clientthe identity of the usual or occasional clients of notarial offices and of the beneficial owners of transactions received in the offices, the origin of the funds, and the purpose and nature of the business relationships envisaged". Similarly, "notaries are also required to set up a risk management system and to apply reinforced vigilance measures, adapted to the degree of risk run by the clients of the notaries' offices. of risk to which the firm's clients are exposed, particularly in the case of transactions carried out by high-risk clients, such as non-resident persons. "