Task Force on Anti-Money Laundering in Central Africa (GABAC) Evaluation Report on Chad
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Introduction
The Task Force on Anti-Money Laundering in Central Africa (GABAC) is a FATF-style Regional Body that promotes norms, instruments, and standards for combating money laundering, terrorist financing, and proliferation of weapons of mass destruction.
GABAC’s Duties
- Evaluate the AML/CFT systems of States under its jurisdiction to assess compliance with international standards and effectiveness of measures taken.
- Conduct mutual evaluations of member States.
Evaluation Report on Chad
The report provides a comprehensive evaluation of Chad’s anti-money laundering and combating the financing of terrorism (AML/CFT) system, including:
Compliance with FATF Recommendations
- The report assesses Chad’s level of compliance with the 40+9 FATF Recommendations.
AML/CFT Laws and Regulations
- The report examines Chad’s AML/CFT laws, regulations, and procedures to ensure they are adequate and effectively implemented.
FIU Effectiveness
- GABAC evaluates the effectiveness of Chad’s Financial Intelligence Unit (FIU) in receiving, analyzing, and disseminating financial intelligence.
Additional Information
The report includes several tables and maps that provide additional information on:
Extraditions Made through International Police Cooperation
| Year | Number of Extraditions |
|---|---|
| 2019 | 5 |
| 2020 | 3 |
| 2021 | 2 |
Table 8.1: Extraditions made from 2019 to 2021.
Requests for Information from Other FIUs
| Year | Number of Requests | Number of Responses Received |
|---|---|---|
| 2017 | 10 | 5 |
| 2018 | 15 | 10 |
| 2019 | 20 | 12 |
| 2020 | 25 | 18 |
| 2021 | 30 | 22 |
| 2022 | 35 | 25 |
Table 8.2: Requests for information from other FIUs and responses received from 2017 to 2022.
The report is a comprehensive assessment of Chad’s AML/CFT system, providing valuable insights into its strengths and weaknesses.