FATF marks further progress by the Democratic Republic of Congo, with fresh upgrades across terrorist financing, financial intelligence and preventive measures

The GABAC follow-up report upgrades Recommendations 6, 13, 14 and 29 to compliant, and Recommendations 5 and 10 to largely compliant, reflecting progress on terrorist financing offences, targeted financial sanctions, customer due diligence, correspondent banking, money or value transfer services and the financial intelligence unit. Recommendations 15, 22 and 34 remain partially compliant, with further work still needed on new technologies, DNFBP customer due diligence, and guidance and feedback to reporting entities.