The financial authorities are concerned about the risks that some Moroccans continue to take in the use of virtual currencies such as Bitcoin despite the ban in Morocco. In a new warning, they called on all users to comply with the regulations in force in this area.
The Foreign Exchange Office has just announced the creation of the section called "Manual Exchange and AML/CFT" on its website, in order to fight against money laundering and the financing of terrorism .
Morocco is strengthening the means to fight tax evasion, particularly fictitious invoices issued by companies that make it their sole activity. In this sense, the legislator has rearranged several articles of the General Tax Code.
The International Narcotics Control Board (INCB), a United Nations body, has commended Morocco’s efforts in the fight against drug trafficking and money laundering.
In Kenitra, drug traffickers have found a new trick to launder dirty money. They take possession of hundreds of hectares and invest in avocado cultivation.
The National Brigade of the Judicial Police of Casablanca has sent individual summons from the justice system to several businessmen suspected of money laundering in the former "WANA" case.
The hunt by the BNPJ services against money laundering has led to the dismantling, this week, of two new networks operating in kidnapping and sequestration in connection with cryptocurrency in Marrakech and Safi.
Morocco is implementing a new strategy to fight money laundering. The foreign exchange office is involving currency exchange offices.
The powers of the National Financial Intelligence Authority (ANRF) have been strengthened to enable it to carry out its mission in the fight against money laundering and the financing of terrorism.
Morocco is toughening its legal arsenal to strengthen its fight against money laundering. Parliament has just adopted an amendment proposed by the government to make the declaration of amounts over 100,000 dirhams at border posts mandatory.
The Moroccan customs administration has announced that precious stone transactions are now subject to new regulations. A new system to strengthen the fight against money laundering .
Nora Fatehi has been summoned again by the Enforcement Directorate (ED) of India, the financial crime fighting agency. Cited in a money laundering case, the famous Bollywood actress is undergoing thorough questioning.