Togo proceeds to self-assessment of risks posed by money laundering and terrorism funding

Economic governance
Tuesday, 12 June 2018 17:39
Togo proceeds to self-assessment of risks posed by money laundering and terrorism funding

(Togo First) - Financed by the World Bank, a meeting was launched June 11, 2018 to assess risks and impacts related to money laundering and terrorism funding in Togo. The session which will close June 13, regroups officials of the National Cell for Financial Data Processing, others from the ministry of economy and finance as well as actors from other sectors.

CENTIF’s head, Tchaa Bignossi Aquiteme, on this occasion declared: “Nationwide, we are doing our best. However, at the international level, it is evident since we no more had to deal in terms of capability but efficiency rather”. The assessment looks at the implementation of laws to which Togo adhered. It aims to “spot weaknesses” of the country, the official added.  

Report of the assessment which was recommended by the Groupe d’Action Financière (GAFI) should pave the way for efficient strategies to fight and prevent laundering and terrorism funding.

Séna Akoda

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