The Central Bank of Samoa has opened consultations on a proposed Money Laundering Prevention Bill that would replace the Money Laundering Prevention Act 2007 and further strengthen Samoa’s anti-money laundering and countering the financing of terrorism framework. The proposal is intended to ensure Samoa continues to meet Financial Action Task Force standards and support preparations for Samoa’s AML/CFT Mutual Evaluation in 2027. Consultations have already begun, with the draft circulated to government agencies and public enterprises that are members of the Money Laundering Prevention Taskforce and shared with financial institutions, including commercial banks and money transfer operators. The bill draws on Samoa’s 2024 National Risk Assessment and National AML/CFT Strategy and was drafted with technical assistance from the International Monetary Fund. Feedback from the public and stakeholders is requested by 23 January 2026, using the form provided with the draft bill, which is available via QR code or by requesting an electronic copy from the Central Bank’s Financial Intelligence Unit (SFIU).
Central Bank of Samoa 2025-12-24
Central Bank of Samoa launches consultation on new Money Laundering Prevention Bill with comments due 23 January 2026
The Central Bank of Samoa is consulting on a proposed Money Laundering Prevention Bill to replace the 2007 Act, aiming to enhance Samoa’s anti-money laundering and counter-terrorism financing framework in line with Financial Action Task Force standards. Feedback is requested by 23 January 2026, with the draft bill available through the Central Bank’s Financial Intelligence Unit.