Middle East and North Africa Financial Action Task Force (MENAFATF)

The objectives of MENAFATF are to:

  • To adopt and implement the FATF 40 Recommendations on combating money laundering and financing of terrorism and proliferation;
  • To implement the relevant UN treaties and agreements and United Nations Security Council Resolutions;
  • To co-operate among each other to raise compliance with these standards within the MENA Region and to cooperate with other international and regional organizations, institutions and agencies to improve compliance worldwide;
  • To work jointly to identify issues of regional nature related to money laundering and terrorist financing, and to share relevant experiences and to develop solutions for dealing with them; and
  • To take measures throughout the region to effectively combat money laundering and terrorist financing in a way that does not contradict with the cultural values, constitutional frameworks and legal systems in the member countries.

For more information about MENAFATF's members subject to its assessment process (in line with the FATF Universal Procedures) as well as observers and other bodies involved in their work, please consult their website at: 

http://www.menafatf.org/about/Members-Observers/members

 

Kuwait

Country
Kuwait
Last evaluation
2011-06-01 00:00
Possible onsite period
2023-11-01 00:00
Possible Plenary discussion
2024-06-01 00:00

Oman

Country
Oman
Last evaluation
2011-06-01 00:00
Possible onsite period
2024-03-01 00:00
Possible Plenary discussion
2024-10-01 00:00

Qatar

Country
Qatar
Last evaluation
2008-04-01 00:00
Possible onsite period
2022-07-01 00:00
Possible Plenary discussion
2023-02-01 00:00

Observers

Relevant publications

  • 27 Jan 2023

    Consolidated assessment ratings An up-to-date overview of the ratings on both effectiveness and technical compliance for all countries assessed against the 2012 FATF Recommendations and using the 2013 Assessment Methodology.
  • 28 Jan 2022

    Mauritania's progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report sets out the progress that Mauritania has made in improving its level of compliance with the FATF standards, since their 2018 mutual evaluation and subsequent follow-up reports.
  • 28 Jan 2022

    The United Arab Emirates' progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report sets out the progress that the United Arab Emirates has made in improving its level of compliance with the FATF standards, since their 2020 mutual evaluation.
  • 9 Aug 2021

    Egypt's measures to combat money laundering and terrorist financing This MENAFATF report provides a summary of the anti-money laundering (AML)/counter-terrorist financing (CFT) measures in place in Egypt. The report provides recommendations on how Egypt's AML/CFT system could be strengthened. The findings of this assessment have also been reviewed and endorsed by the FATF.
  • 18 Feb 2021

    Consolidated Processes and Procedures for Mutual Evaluations and Follow-Up Universal Procedures The set of core elements that apply to all anti-money laundering and counter-terrorist financing assessments, in accordance with the FATF 2013 Methodology. These procedures were last revised in October 2019.
  • 18 Jan 2021

    Covid-19 and the Changing Money Laundering and Terrorist Financing Risk Landscape FATF Executive Secretary, David Lewis, addressed the MENA RegTech Virtual Executive Boardroom and shared insights on Covid-19 and the changing Money Laundering and Terrorist Financing Risk Landscape.
  • 23 Dec 2020

    Mauritania's progress in strengthening measures to tackle money laundering and terrorist financing Follow-Up Report to Mauritania's 2018 MER and ensuing 2019 Follow-Up Report.
  • 30 Apr 2020

    United Arab Emirates' measures to combat money laundering and terrorist financing The United Arab Emirates recently strengthened its legal framework to fight money laundering and terrorist financing but, as a major global financial centre and trading hub, it must take urgent action to effectively stop the criminal financial flows that it attracts. The FATF-MENAFATF joint mutual evaluation assessed the compliance of the UAE's measures with the FATF Recommendations and their effectiveness to combat money laundering, terrorist financing and proliferation financing.
  • 3 Feb 2020

    The Kingdom of Jordan's measures to combat money laundering and terrorist financing This report summarises the AML/CFT measures in place in the Hashemite Kingdom of Jordan (hereinafter referred to as Jordan) as at the date of the onsite visit from 8 to 23 July 2018. It analyses the country’s level of compliance with the FATF 40 Recommendations and the level of effectiveness of the AML/CFT system, and recommends how the system could be strengthened.
  • 7 Jan 2020

    Tunisia's progress in strengthening measures to tackle money laundering and terrorist financing Tunisia has made efforts to address the deficiencies remaining since their 2016 Mutual Evaluation Report and subsequent follow- up reports. This report re-rates the country on 9 of the 40 Recommendations.
  • 1 Aug 2019

    Morocco's measures to combat money laundering and terrorist financing This MENAFATF report provides a summary of the anti-money laundering (AML)/counter-terrorist financing (CFT) measures in place in Morocco. The report provides recommendations on how Morocco's AML/CFT system could be strengthened. The findings of this assessment have also been reviewed and endorsed by the FATF.
  • 25 Jul 2019

    Mauritania's progress in strengthening measures to tackle money laundering and terrorist financing The follow-Up Report of Mauritania was adopted at MENAFATF's annual plenary meeting.
  • 28 Jan 2019

    Tunisia's progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report analyses Tunisia's progress in addressing certain technical compliance deficiencies identified in its MER and FUR.
  • 30 Nov 2018

    Mauritania's measures to combat money laundering and terrorist financing This MENAFATF report provides a summary of the anti-money laundering (AML)/counter-terrorist financing (CFT) measures in place in Mauritania. The report provides recommendations on how Mauritania's AML/CFT system could be strengthened. The findings of this assessment have also been reviewed and endorsed by the FATF.
  • 24 Sep 2018

    Saudi Arabia’s measures to fight money laundering and the financing of terrorism and proliferation The FATF and the Middle East and North Africa Financial Action Task Force (MENAFATF) jointly conducted an assessment of Saudi Arabia'santi-money laundering and counter-terrorist financing (AML/CFT) system. The assessment is a comprehensive review of the effectiveness of the country’s AML/CFT system and its level of compliance with the FATF Recommendations.
  • 4 Sep 2018

    Bahrain’s measures to fight money laundering and the financing of terrorism and proliferation The FATF and the Middle East and North Africa Financial Action Task Force (MENAFATF) jointly conducted an assessment of Bahrain’s anti-money laundering and counter-terrorist financing (AML/CFT) system. The assessment is a comprehensive review of the effectiveness of the country’s AML/CFT system and its level of compliance with the FATF Recommendations.
  • 29 Jun 2018

    Outcomes FATF-MENAFATF Joint Plenary, 27-29 June 2018 Under the Presidency of Mr. Santiago Otamendi of Argentina, delegates discussed among other issues combatting terrorist financing, the assessment of Bahrain's and Saudi Arabia's mutual evaluations, and anti-money laundering / countering the financing of terrorism improvements in Iraq and Vanuatu.
  • 29 Jun 2018

    Improving Global AML/CFT Compliance: On-going Process - 29 June 2018 The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. The FATF recognised that Iraq and Vanuatu have made significant progress in improving their AML/CFT regime and will therefore no longer be subject to the FATF’s monitoring process.
  • 6 Mar 2018

    FATF workshop on the role of judges and prosecutors in tackling money laundering and terrorist financing in Africa and the Middle East. Outcomes from the third workshop on anti-money laundering (AML)/ countering the financing of terrorism CFT for judges and prosecutors: experiences, challenges and best practices.
  • 1 Mar 2018

    High-Level Principles for the relationship between the FATF and the FATF-style regional bodies This set of principles which govern the relationship between the FATF and its partners, the FATF-style regaional bodies FSRBs.
  • 6 Dec 2017

    Tunisia's progress in strengthening measures to tackle money laundering and terrorist financing This report analyses Tunisia's progress in addressing the technical compliance deficiencies identified in the MENAFATF Mutual Evaluation Report of 2016.
  • 30 Jun 2016

    Tunisia's measures to combat money laundering and terrorist financing This MENAFATF report provides a summary of the anti-money laundering (AML) / counter-terrorist financing (CFT) measures in place in Tunisia. The report provides recommendations on how Tunisia's AML/CFT system could be strengthened. The findings of this assessment have also been reviewed and endorsed by the FATF.
  • 30 Nov 2015

    Money Laundering Through the Physical Transportation of Cash Criminals often choose to remove their illicit assets from their bank account in order to break the audit trail by transport it to another country to spend it or reintroduce it into the banking system. This report identifies the methods and techniques that criminals use to transport funds across the border and highlights the main challenges that relevant border control agencies face to detect and disrupt these transports.
  • 27 Nov 2012

    Recent developments in the fight against money laundering and terrorist financing, and MENAFATF's vital contribution to these efforts FATF Vice-President Vladimir Nechaev addressed the MENAFATF Plenary and noted the important contribution made by MENAFATF to the effective implementation of the FATF Recommendations by looking at the issue of 'Waqf'. Mr. Nechaev also commended them on their strong and comprehensive training programme which ensures that national authorities have a good level of understanding of an effective anti-money laundering system.
  • 24 Jun 2011

    Mutual Evaluation of the Sultanate of Oman The level of compliance with the FATF Recommendations for the anti-money laundering and counter-terrorist financing regime of the Sultanate of Oman is comparatively high for the region, and the legal framework is sound. However, the overall effectiveness was noted to be lacking in some areas. Parts of the terrorist financing legal framework need to be improved and the number of investigations and convictions increased. The evaluation of the anti-money laundering and counter-terrorist financing regime of the Sultanate of Oman was conducted jointly by the FATF and the the Middle East and North Africa Financial Action Task Force MENAFATF.
  • 24 Jun 2011

    Mutual Evaluation of the State of Kuwait There is currently no evidence of significant money laundering and no major terrorist activity has been recorded in the State of Kuwait. However, Kuwait’s financial sector is growing rapidly and thus may create a potential environment for such activities. The assessment team for this evaluation, composed of staff of the International Monetary Fund (IMF), concluded that the Kuwaiti AML/CFT framework had some deficiencies: terrorist financing is currently not criminalised, the money laundering offence does not cover all serious predicate offences, the Kuwaiti financial intelligence unit (KFIU) has not been established as an independent agency carrying out all core functions set out by the FATF standards, and there are shortcomings in the AML/CFT supervisory framework for some financial institutions and designated non-financial businesses and professions DNFBPs.
  • 1 Dec 2010

    Mutual Evaluation of Algeria Algeria is a member of MENAFATF, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT standards in Algeria was conducted by MENAFATF.
  • 25 Jun 2010

    Mutual Evaluation of the Kingdom of Saudi Arabia The report of the joint MENAFATF-FATF mutual evaluation of the Kingdom of Saudi Arabia was adopted by the FATF Plenary in June 2010. This report provides a summary of the anti-money laundering AML and combating the financing of terrorism CFT measures in place in the Kingdom of Saudi Arabiaat the time of the on-site visit. The mutual evaluation report describes and analyses those measures and provides recommendations on how certain aspects of the system could be strengthened. It also sets out the Kingdom of Saudi Arabia's levels of compliance with the Financial Action Task Force FATF 40 + 9 Recommendations.
  • 19 Feb 2010

    Outcomes of the joint FATF-MENAFATF Plenary meeting, Abu Dhabi, 17-19 February 2010 The Chairman's summary provides an overview of the major outcomes of the Plenary, which includes the publication of the mutual evaluations of Germany and Luxembourg.
  • 10 Nov 2009

    Mutual Evaluation of Lebanon Lebanon is a member of MENAFATF, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Lebanon was conducted by MENAFATF.
  • 19 May 2009

    Mutual Evaluation of the Kingdom of Jordan The Kingdom of Jordan is a member of MENAFATF, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in the Kingdom of Jordan was conducted by MENAFATF.
  • 19 May 2009

    Mutual Evaluation of Egypt Egypt is a member of MENAFATF, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Egypt was conducted by the World Bank and adopted by MENAFATF.
  • 9 Apr 2009

    Mutual Evaluation of Yemen Yemen is a member of MENAFATF, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Yemen was conducted by MENAFATF.
  • 9 Apr 2008

    Mutual Evaluation of the United Arab Emirates (UAE) - Report and annexes The report describes and analyses the anti-money laundering and counter-terrorist financing (AML/CFT laws, regulations and other measures that have been put in place by the United Arab Emirates. This assessment is based on the 40+9 Recommendations and ratings of compliance have been made according to the four levels of compliance mentioned in the 2004 Methodology.
  • 9 Apr 2008

    Mutual Evaluation of Qatar The report describes and analyses the anti-money laundering and counter-terrorist financing (AML/CFT laws, regulations and other measures that have been put in place by Qatar. This assessment is based on the 40+9 Recommendations and ratings of compliance have been made according to the four levels of compliance mentioned in the 2004 Methodology.
  • 6 Nov 2007

    Mutual Evaluation of Morocco Morocco is a member of MENAFATF, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Morocco was conducted by MENAFATF.
  • 3 Apr 2007

    Mutual Evaluation of Tunisia Tunisia is a member of MENAFATF, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Tunisia was conducted by the World Bank. The evaluation report was adopted by MENAFATF.
  • 15 Nov 2006

    Mutual Evaluation of Syria Syria is a member of MENAFATF, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Syria was conducted by MENAFATF.
  • 14 Nov 2006

    Mutual Evaluation of Bahrain Bahrain is a member of MENAFATF, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT standards in Bahrain was conducted by MENAFATF.
  • 14 Nov 2006

    Mutual Evaluation of Mauritania Mauritania is a member of MENAFATF, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Mauritania was conducted by the World Bank and adopted by MENAFATF.