Morocco's progress in strengthening measures to tackle money laundering and terrorist financing

Publication details

Language

English

Country

Morocco

MENAFATF 1st Enhanced Follow-Up Report Morocco

Filename
MENAFATF-1st-Enhanced-Follow-Up-Report-Morocco.pdf
Size
511 KB
Format
application/pdf
Download

In 2019 MENAFATF assessed the effectiveness of Morocco’s measures to tackle money laundering and terrorist financing, and their compliance with the FATF Recommendations. 

This follow-up report looks at the actions Morocco has undertaken to address the weaknesses identified in the report and to meet the requirements of FATF Recommendations.

To reflect the actions they have taken, Morocco's technical compliance on the followinng Recommendations has been re-rated:

  • Recommendation 1 is re-rated to Largely Compliant
  • Recommendation 2 is re-rated to Largely Compliant
  • Recommendation 8 is re-rated to Largely Compliant 
  • Recommendation 10 is re-rated to Largely Compliant 
  • Recommendation 12 is re-rated to Largely Compliant
  • Recommendation 13 is re-rated to Compliant
  • Recommendation 17 is re-rated to Compliant
  • Recommendation 18 is re-rated to Largely Compliant
  • Recommendation 19 is re-rated to Largely  Compliant
  • Recommendation 20 is re-rated to Largely Compliant 
  • Recommendation 26 is re-rated to Largely Compliant
  • Recommendation 33 is re-rated to Largely Compliant
  • Recommendation 34 is re-rated to Largely Compliant

Morocco remains in the Enhanced Follow-Up process and will submit its 2nd Enhanced Follow-Up report to MENAFATF in November 2021.

Earlier reports

  • 1 Aug 2019

    Morocco's measures to combat money laundering and terrorist financing This MENAFATF report provides a summary of the anti-money laundering (AML)/counter-terrorist financing (CFT) measures in place in Morocco. The report provides recommendations on how Morocco's AML/CFT system could be strengthened. The findings of this assessment have also been reviewed and endorsed by the FATF.

Related materials

MENAFATF

The FATF Recommendations

The FATF Recommendations are the basis on which all countries should meet the shared objective of tackling money laundering, terrorist financing and the financing of proliferation. The FATF calls upon all countries to effectively implement these measures in their national systems.
Read more

Mutual Evaluations

The FATF conducts peer reviews of each member on an ongoing basis to assess levels of implementation of the FATF Recommendations, providing an in-depth description and analysis of each country’s system for preventing criminal abuse of the financial system
Read more Consolidated assessment ratings
ESAAMLG Logo

The 2022 and 2013 Methodologies for Assessing Technical Compliance with the FATF Recommendations and the Effectiveness of AML/CFT/CPF Systems

These documents are guides intended for use by assessors who are tasked with conducting a mutual evaluation. They provide a structured framework of analysis that ensures a level of consistency and high quality of the mutual evaluation reports produced. Latest update: August 2024
Read more