Morocco Removed from FATF Grey List After Anti-Money Laundering Reforms

Morocco was part of the list of 23 countries subject to enhanced surveillance due to their exposure to money laundering. But the authorities have strengthened the legal arsenal in the fight against this scourge.

In April 2020, the FATF had made recommendations to be implemented before a final evaluation. It took place during a visit by FATF experts to Morocco from January 16 to 18. This justifies today the country’s removal from the grey list.

The FATF’s decision will strengthen Morocco’s image and positioning during negotiations with international financial institutions. It will also motivate the return of foreign investors. The Moroccan authorities have assured that they will work to strengthen the national system for combating money laundering and the financing of terrorism, in line with the evolution of international standards in this area.