In October 2022, the Democratic Republic of Congo was officially listed by the FATF as a Jurisdiction under increased monitoring. In March 2023, the EU also added the DRC to its list of high-risk third countries.
This means that the DRC will be actively working with the FATF and technical assistance providers to address the strategic deficiencies in its regime to counter money laundering, terrorist financing, and proliferation financing.
In August 2022, the EU Global Facility on AML/CFT had conducted a scoping mission to the DRC to discuss and assess the country’s request for support to enhance its AML/CFT measures and improve its general framework. The training and activities that have been delivered by the EU Global Facility team aim to help local authorities and relevant stakeholders to rectify the DRC’s strategic deficiencies in its national anti-money laundering and counter-terrorist financing framework. as defined under the Fourth and Fifth Anti-Money Laundering Directives.