Morocco has made progress in recent years to improve its national response to financial crime, including enhancements to its AML/CFT regime that led to its removal from the Financial Action Task Force’s “grey list” in 2023. Significant financial crime risks remain in the country, however, with the most significant predicate crimes identified as corruption and bribery, drug trafficking, migrant smuggling and human trafficking. Due to its geographical location, Morocco is an export country for financial crime across Europe via Spain. Moreover, its efforts against financial crime have been obstructed by rule of law challenges and the prevalence of corruption across government.
Download Morocco Country Risk Factsheet below!