The Inter Governmental Action Group against Money Laundering in West Africa has published Togo’s third enhanced follow-up report as part of its mutual evaluation process. The report situates Togo within GIABA’s reinforced monitoring regime following the adoption of the country’s Mutual Evaluation Report at the 37th Technical Commission and Plenary meeting in May 2022. That earlier assessment found 11 weak results on the effectiveness of Togo’s anti-money laundering and countering the financing of terrorism system and rated 24 recommendations as non-compliant or partially compliant. GIABA notes that the follow-up report does not assess progress in improving the effectiveness of Togo’s AML/CFT system.
Inter Governmental Action Group against Money Laundering in West Africa (GIABA)2025-04-01
Inter Governmental Action Group against Money Laundering in West Africa publishes Togo third enhanced follow up report under reinforced monitoring
The Inter Governmental Action Group against Money Laundering in West Africa has issued Togo’s third enhanced follow-up report under its mutual evaluation framework. Togo was placed under reinforced monitoring after its 2022 Mutual Evaluation Report found 11 weak effectiveness results and 24 recommendations rated non-compliant or partially compliant. The report does not assess progress on effectiveness.