Morocco Launches Anti-Corruption Guide for Financial Sector

The new document is the result of a partnership between the National Anti-Corruption, Prevention and Combating Authority (INPPLC) and the leading regulators of the Moroccan financial sector, namely Bank Al-Maghrib, the Moroccan Capital Market Authority (AMMC) and the Insurance and Social Welfare Control Authority (ACAPS).

Concretely, this new policy brings together the key concepts related to the phenomenon of corruption and highlights the main lines of an approach to prevent and fight corruption, while emphasizing the key factors for its success. It constitutes a reference and a source of inspiration for the players in the financial sector in the construction and strengthening of their own anti-corruption mechanisms.

In the same vein, all staff are invited to adhere to it and respect the culture of integrity promoted by their organization, and to translate it also in their relations with third-party partners.

It is strongly recommended to make this document public, in order to reflect the company’s commitment to fully adhere to it. A specific mapping of the corruption risk must be developed by the company, it is reported.