After conducting awareness training sessions on AML/CFT in Antananarivo, Majunga, and Toamasina, SAMIFIN organized new sessions on the same topic for Airtel Money on August 22 and 23, 2022 in Antsirabe.

This five-year (2022-2026) plan will help Madagascar comply with international standards and strengthen the synergy between national actors, as well as boost international cooperation. It also aims to ensure the effectiveness of the systems in order to mitigate the risks and threats of ML/FT/FP and to detect and repress illicit financial flows.

The annual report for 2021 is written in French originally. This report includes an overview of the progress on the fight against money laundering and financing of terrorism (AML/CFT) in Madagascar. At the national level, awareness-raising actions, training and support for different stakeholders were important steps taken towards the prevention of ML/FT. At the regional and international levels, efforts have been concentrated on compliance with international standards.

Madagascar conducted a mutual evaluation process in 2017 in collaboration with the World Bank and the ESAAMLG Secretariat to determine the level of technical compliance and effectiveness of the AML/CFT regime. The implementation of the recommendations resulting from this assessment aims to strengthen the national AML/CFT system. The evaluation report was adopted by the Council of Ministers in 2022.

The Financial Action Task Force (FATF) is an independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction. The FATF Recommendations are recognised as the global anti-money laundering (AML) and counter-terrorist financing (CFT) standard. For more information about the FATF, please visit www.fatf-gafi.org This document and/or any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.