Criminal assets: Morocco in the face of European requirements

A report by the Conference of the Parties to the Convention of the Council of Europe relating to money laundering, screening, seizure and confiscation of crime products and the financing of terrorism, published this week, assesses for the first time the Morocco. Recommendations are made to help the kingdom improve its performance.

Still called “Warsaw Convention”, this agreement entered into force in Morocco in August 2022. The evaluation relates to the provisions relating to confiscation procedures, to the management of frozen or seized goods, to monitoring banking operations as a means of ‘Survey, in the money laundering, the responsibility of legal persons, international recurrence, the postponement of suspicious transactions, to the sharing and restitution of confiscated goods.