Moroccan Financial Regulators Unite to Combat Corruption in 2022

Thus, Bank Al-Maghrib, the Moroccan Capital Market Authority (AMMC), the Insurance and Social Welfare Control Authority (ACAPS), the National Anti-Corruption Authority (INPPLC) held their second annual high-level meeting as part of the Cooperation Agreement in the field of prevention and fight against corruption in the financial sector, signed in November 2019.

The objective was to take stock of the implementation of this agreement for the year 2021, and to approve the roadmap.

In detail, the four entities decided to strengthen awareness-raising and specialized training actions, develop opportunities for sharing expertise with national and international actors, support the implementation of anti-corruption systems in line with ISO 37 001 standard and develop guidelines to regulate them.

The institutions also renewed their commitment to consolidate and strengthen sectoral cooperation in the prevention and fight against corruption, in accordance with the national strategy in this area.