Moroccan Capital Markets Authority holds AML/CFT seminar and unveils risk based approach handbook ahead of MENAFATF mutual evaluation

The Moroccan Capital Markets Authority, together with ANRF and CNASNU, held an AML/CFT awareness seminar for capital market participants as Morocco prepares for its MENAFATF mutual evaluation, and used the event to present updated sector risk findings and a handbook on implementing a risk based approach. The seminar forms part of the authority's AML/CFT strategy and the mandatory shift to a risk based approach in response to the development and growing sophistication of the capital market. Participants included executives from brokerage firms, asset management companies and financial investment advisory firms. ANRF reviewed its engagement with reporting entities and stressed that suspicious transaction reports are a key indicator of the effectiveness of compliance systems, while also outlining the main findings of the third National Risk Assessment on money laundering and terrorism financing. The Moroccan Capital Markets Authority also presented updated sectoral risk mapping for the capital market, including the compliance and effectiveness levels of AML/CFT systems across supervised activities. The seminar was the eighth such initiative and forms part of the authority's ongoing support for capital market stakeholders under the 2026 priority actions. Further awareness raising initiatives for market participants are planned in the coming days.