Fight against money laundering: publication in the BO of circular n°02/2022 of the AMMC

by times news cr

Fight against money laundering: publication in the BO of circular n°02/2022 of the AMMC

Casablanca – The circular of the Moroccan Capital Market Authority (AMMC) n°02/2022 of June 1, 2022, relating to the vigilance and internal monitoring obligations incumbent on organizations and persons subject to the control of the Authority, has just been published in official bulletin n°7148.

This circular, which was the subject of a consultation with the professionals concerned, comes in application of the provisions of law n°43-05 relating to the fight against money laundering as it was amended and supplemented by law n°12-18 and the provisions of law n° 43-12 relating to the Moroccan Capital Market Authority, the capital market regulator indicated on Tuesday on its website.

The said circular, notes the same source, brings together all the obligations to combat money laundering and the financing of terrorism (AML-CFT) incumbent on organizations and individuals subject to the control of the AMMC, specifies the same source.

In this context, the AMMC is also providing capital market professionals with an updated version of its practical guide on AML-CFT.

2024-08-20 20:57:04

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