International Anti-Corruption Academy (IACA) organizes the Annual Conference on Global Trends and Challenges in Preventing and Combating Corruption on 28 November 2024 in online format.

SAMIFIN was invited to participate in the panel "The Nexus between Corruption, Fraud and Money Laundering: New Challenges for the Global Security" and share the views on the role of FIUs in combating corruption.

November 26, 2024. SAMIFIN and Alliance Voahary Gasy signed a new agreement, thus renewing their partnership in the fight against money laundering linked to trafficking in natural resources.

The key points of this partnership:
- If the criminals cannot be apprehended, it becomes possible to trace their illicit assets and trace them back to them.
- Information exchange mechanisms are strengthened to identify suspicious financial circuits.
- The collaboration reflects a synergy between technical expertise and the defense of Madagascar's natural resources.

A major step forward in the fight against money laundering and terrorist financing (AML/CFT) in Madagascar has been achieved with MoU between SAMIFIN (Financial Intelligence Unit) and the Faculty of Law and Political Science of the University of Antananarivo.

The FATF identifies jurisdictions with weak measures to combat money laundering and terrorist financing (AML/CFT) in two FATF public documents that are issued three times a year. The FATF’s process to publicly list countries with weak AML/CFT regimes has proved effective. As of October 2024, the FATF has reviewed 137 countries and jurisdictions and publicly identified 112 of them. Of these, 85 have since made the necessary reforms to address their AML/CFT weaknesses and have been removed from the process. 

October 22th 2024. In a significant step toward bolstering economic stability and growth, Mamitiana RAJAONARISON held a productive meeting with Kodjovi EKLOU, the representative of the International Monetary Fund (IMF), at Anosy Antananarivo.

The discussions centered on the strategic plan of SAMIFIN and the national strategic on AML/CFT.

The dialogue provided an opportunity to assess ongoing programs and explore new avenues for collaboration.

Key Highlights of the Meeting: