Mutual Evaluation

Togo's Mutual Evaluation Report (MER) was discussed and adopted by the 37th Technical Commission/Plenary meeting of the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) held in May 2022. The country obtained 11 weak results with regard to the effectiveness of its AML/CFT system and twenty-four (24) Recommendations rated Non Compliant (NC)/Partially Compliant (PC). Thus, in application of GIABA Processes and Procedures for the second round mutual evaluation (August 2020), Togo has been placed under the reinforced monitoring regime. This report does not analyse the progress Togo has made to improve the effectiveness of its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) system.