The Action Group against Money Laundering in Central Africa (GABAC) held a dissemination seminar in Bangui, Central African Republic, to familiarise stakeholders with two core regional regulations on anti-money laundering, combating the financing of terrorism and proliferation financing, including the framework for implementing targeted financial sanctions. Held from 14 to 18 July 2025, the programme covered Regulation No. 02/24/CEMAC/UMAC/CM on the prevention and repression of money laundering and terrorism and proliferation financing in Central Africa and Regulation No. 04/24/CEMAC/UMAC/CM on the implementation regime for targeted financial sanctions linked to terrorism and proliferation financing, both adopted on 20 December 2024 by the Ministerial Committee of the Central African Economic and Monetary Union (UMAC). Sessions were delivered by the GABAC Permanent Secretariat with support from the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) and national counterparts including judicial actors, the National Financial Investigation Agency (ANIF) and banks, with participants drawn from public administrations, designated non-financial businesses and professions, NGOs and other AML/CFT/CPF stakeholders.
GABAC 2025-07-31
Action Group against Money Laundering in Central Africa holds Bangui workshops on new CEMAC AML CFT and targeted financial sanctions regulations
GABAC held a seminar in Bangui from 14 to 18 July 2025 to introduce stakeholders to two UMAC regulations on anti-money laundering, combating terrorism financing, and implementing targeted financial sanctions, involving judicial actors and financial institutions.