The Director General of SAMIFIN received by the Minister of Foreign Affairs

The Director General of SAMIFIN, Mr. Rajaonarison Mamitiana, was received by the Minister of Foreign Affairs, Mrs. Rafaravavitafika Rasata, at the Ministry of Foreign Affairs, Anosy, on Tuesday 9th July.

On this occasion, the Director General of SAMIFIN informed the Minister of Foreign Affairs of SAMIFIN's responsibilities, areas of intervention and achievements, namely the conduct of the fight against money laundering and the financing of terrorism (AML/CFT), the implementation of the AML/CFT, the national AML/CFT strategy (SNLBCFT) and the actions undertaken to defend Madagascar's case at the level of the "Eastern and Southern Africa Anti-Money Laundering Group" or ESAAMLG. The Director General also explained the risk-based approach to AML/CFT evaluation mechanisms.

He emphasised that the Ministry of Foreign Affairs has an important role to play in AML/CFT given the international dimension of this fight. For this reason, the Ministry of Foreign Affairs is a member of the National Committee for the Orientation and Coordination of AML/CFT (CNOC). To this end, the Director General asked the Minister to continue and strengthen the monitoring of non-profit organisations (NPOs) whose procedures pass through the Ministry of Foreign Affairs, so that they are not funded by possible terrorist groups or linked to the financing of organised crime.

On the one hand, the Ministry of Foreign Affairs plays an important role in the implementation of targeted financial sanctions (TFS) in the area of AML/CFT. The Minister of Foreign Affairs promised the Director General to quickly appoint an AML/CFT monitoring officer within the Ministry, as had been the case previously. At the same time, she reaffirmed her Ministry's commitment to the fight against corruption and underlined the dynamism of her team in this area.