Financial Crime World

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Equatorial Guinea Takes Major Step in Combating Financial Crimes with FATF Recommendations Seminar

Strengthening Efforts Against Money Laundering, Terrorist Financing, and Weapons Proliferation

Equatorial Guinea recently hosted a training seminar on international standards for combating financial crimes, including money laundering, terrorist financing, and the proliferation of weapons of mass destruction. The National Financial Investigation Agency (ANIFGE) coordinated the event with the Caribbean Financial Action Task Force (CFATF) and the Financial Action Task Force of Latin America (GAFILAT).

Seminar Details

The seminar took place from February 12th to 16th in Malabo, Equatorial Guinea. Participants included representatives from various government institutions:

  • Ministry of Finance and Budgets
  • Ministry of National Security
  • Ministry of Justice, Worship, and Penitentiary Institutions
  • Professional associations
  • Private sector and public treasury

Seminar Objectives

During the five-day seminar, attendees focused on:

  • Mutual evaluation processes and FATF Recommendations
    • National risk assessments
    • Cooperation and coordination
    • Anti-money laundering (AML) and combating the financing of terrorism (CFT) strategies
    • Action plans

Participants actively contributed comments and asked questions, demonstrating a strong interest in the topic.

Seminar Presenters

The seminar was presented by:

  • Ana Folgar, CFATF Legal Advisor
  • Juan Cruz, GAFILAT Technical Expert (in Spanish)

Equatorial Guinea is a member of the Anti-Money Laundering Task Force in Central Africa (GABAC), which recognizes French and Spanish, with Spanish being the most widely used language for implementing FATF standards.

Country Support

The country has received support from CFATF, IMF, WB, GAFILAT, and SEPBLAC in training on Spanish-language materials and strengthening its implementation of FATF standards. The CFATF expressed its pleasure at supporting ANIFGE and GABAC by providing the seminar, which strengthened the global network of FATF-style Regional Groups (FSRBs).

Additional Information

For more information about the event, visit: