Morocco targets money laundering with a record number of sentences

Morocco targets money laundering with a record number of sentences
Source: Currency Exchange International

Morocco’s Presidency of the Public Prosecutor's Office annual report revealed a record number of sentences, with 134 rulings issued last year, as the Kingdom cracks down on the use of illicit funds.  Morocco has made money laundering, and particularly the financing of terrorism, one of its strategic priorities. In February 2023 Morocco was removed from the Financial Action Task Force (FATF) ‘grey list’.

Great! You’ve successfully signed up.

Welcome back! You've successfully signed in.

You've successfully subscribed to MAGHREB INSIDER.

Success! Check your email for magic link to sign-in.

Success! Your billing info has been updated.

Your billing was not updated.