Morocco tracks illegal financial circuits

Morocco is stepping up its fight against illegal financial circuits. The National Financial Intelligence Authority (ANRF) has just published its annual report for 2023, and the figures demonstrate an intensification of efforts to counter money laundering and terrorist financing.

Spontaneous declarations of suspicion, particularly from banks and financial institutions, increased by 10.93%, the newspaper reported. The Economist. At the same time, national authorities have intensified their requests for information in the context of financial investigations, with an increase of 30.82%. The number of files transmitted to the courts by the ANRF has also increased considerably, by 31.48%.