ABOUT GIABA

The GIABA Mandate identifies the core responsibilities of GIABA in its role as both an ECOWAS institution and a FATF-Style Regional Body (FSRB). GIABA, therefore, has the mandate to:

1. Facilitate and ensure that Member States adopt adequate measures against ML & FT, in line with acceptable international practices and standards. These are based on the FATF 40 Recommendations, with specific regional peculiarities taken into account.
2. Provide a forum for dialogue and share experiences among the Member States, thus creating strong intra- regional cooperation.
3. Organize self-evaluations (on-going monitoring) and Mutual Evaluations of compliance by the Member States, using FATF Methodology.
4. Help Member States establish and implement robust and functioning AML/CFT regimes (coordination bodies, legislation, FIUs, MLA treaties, training, etc.)