Cameroon's progress in strengthening measures to tackle money laundering and terrorist financing

Overall, Cameroon has made good progress in addressing the Technical Compliance deficiencies identified in its 2022 Mutual Evaluation.

The country has been re-rated on 9 recommendations:

• Recommendation 1 has been re-rated from Partially Compliant to Largely Compliant
• Recommendation 6 has been re-rated from Non Compliant to Largely Compliant
• Recommendation 7 has been re-rated from Non Compliant to Largely Compliant
• Recommendation 19 has been re-rated from Partially Compliant to Largely Compliant
• Recommendation 22 has been re-rated from Partially Compliant to Largely Compliant
• Recommendation 23 has been re-rated from Partially Compliant to Largely Compliant
• Recommendation 26 has been re-rated from Partially Compliant to Largely Compliant
• Recommendation 33 has been re-rated from Non Compliant to Partially Compliant 
• Recommendation 34 has been re-rated from Partially Compliant to Largely Compliant

Cameroon currently has 34 Recommendations rated Compliant/Largely Compliant;  4 Recommendations remain Partially Compliant.

The country will remain under the enhanced follow-up process and will report back to GABAC in one year’s time on the progress made.