Tunis, Republic of Tunisia, 25 – 29 September 2023

The Middle East and North Africa Financial Action Task Force (MENAFATF), in cooperation with UNODC, GIZ, EUGF, and CTAF, held a regional conference on “AML /TF and New Technologies: New Payment Methods, Virtual Assets and Social Media”, in Republic of Tunisia, during the period of 25 – 29 September 2023.

The Conference was attended by more than 90 participants from the Law enforcement Authorities, Financial intelligence units, Financial supervision authorities and other relevant bodies in MENA Region and Other FSRBs member countries. The Conference dealt with many aspects related to the topic, the most important of which is (i) clarification of FATF requirements on New technologies (Recommendation 15),(ii) understanding of ML/TF risks related to new payment methods, Virtual Assets, and (ii) rising awareness of methods of the misuse of social media for TF Purposes. The Conference discussed the solutions to overcome the challenges in implementing the FATF requirement, and issued 30 recommendations to achieve the goal of required compliance and efficiency in this field.