This report summarises the anti-money laundering and counter-terrorist financing (AML/CFT) measures in place in the Democratic Republic of Sao Tome and Principe (hereafter referred to as STP) as at the date of the on-site visit (12–26 June 2023). This report analyses the level of compliance with the FATF 40 Recommendations and the level of effectiveness of the AML/CFT system and provides recommendations on how the system could be strengthened.