The Action Group against Money Laundering in Central Africa (GABAC) ran an awareness seminar for staff involved in the Bank of Central African States (BEAC) AML/CFT/proliferation financing framework, focused on supporting effective implementation of GABAC’s new regulations adopted in December 2024. Held in Yaoundé, Cameroon from 2 to 6 March 2026 and organised by BEAC’s Department of Legal Affairs and Regulation (DAJR), the seminar aimed to disseminate the harmonised legal framework, strengthen protection and integrity across the GABAC jurisdiction’s financial systems, and improve obliged entities’ command of customer due diligence and the risk-based approach, including updating risk assessments for better mitigation. Participants included representatives from BEAC’s central services and national directorates.
GABAC 2026-03-31
Action Group against Money Laundering in Central Africa leads BEAC seminar on implementing its December 2024 AML and CFT and proliferation financing regulations
The Action Group against Money Laundering in Central Africa held an awareness seminar for Bank of Central African States staff to support implementation of new anti-money laundering, countering the financing of terrorism and proliferation financing regulations adopted in December 2024. The Yaoundé event focused on disseminating the harmonised legal framework, strengthening financial system integrity across the GABAC jurisdiction, and enhancing obliged entities’ customer due diligence and risk-based approaches.