Morocco’s Central Bank Receives Anti-Corruption Training from SNAC 3 Project

The South Neighborhood Anti-Corruption Project (SNAC 3) recently conducted a compliance training for the Moroccan Central Bank (BKAM), aiming to strengthen anti-corruption measures in the financial institution.

Background

From October 22-24, 2018, over sixty participants including deputy directors, control managers and internal auditors of BKAM received training on applying anti-corruption compliance standards as well as detecting and investigating corruption in the banking sector. The SNAC 3 Project aims to promote good governance and combat corruption in Morocco.

Objectives

The training aimed to equip participants with the skills needed to:

• Identify and mitigate risks
• Develop strategies for effective compliance with anti-corruption regulations

International Support

With the support of international experts, the SNAC 3 Project has been working tirelessly to promote a culture of integrity and transparency in Morocco’s financial sector. This initiative is part of a broader effort to strengthen governance and reduce corruption in the country.

Collaboration and Success

The success of this training underscores the importance of collaboration between local authorities, institutions and international partners in promoting good governance and combating corruption. As Morocco continues to develop its economy, initiatives like these will play a crucial role in ensuring:

• Transparency
• Accountability
• Integrity in all sectors

Conclusion

This training demonstrates the effectiveness of anti-corruption measures in strengthening the financial sector and promoting good governance in Morocco. The SNAC 3 Project’s efforts will continue to contribute to a more transparent, accountable, and corruption-free society in the country.