The Inter Governmental Action Group against Money Laundering in West Africa has published its 2024 mutual evaluation report on Sao Tome and Principe, summarizing the country’s anti-money laundering and counter-terrorist financing measures as of the 12–26 June 2023 on-site visit, assessing compliance with the FATF 40 Recommendations and the effectiveness of the AML/CFT system, and setting out recommendations to strengthen that framework.
Inter Governmental Action Group against Money Laundering in West Africa (GIABA)2025-01-01
Inter Governmental Action Group against Money Laundering in West Africa publishes Sao Tome and Principe mutual evaluation report assessing AML CFT compliance and effectiveness
The Inter Governmental Action Group against Money Laundering in West Africa has issued its 2024 mutual evaluation report on Sao Tome and Principe, assessing the country’s AML/CFT framework as of the 12–26 June 2023 on-site visit against the FATF 40 Recommendations and system effectiveness, and including recommendations for improvement.