In the Republic of Guinea, the financing of terrorism remained in a legal vacuum. To change the situation, since August 17, 2021, the country has adopted Law 2021/04/AN on the fight against money laundering and the financing of terrorism which repeals and replaces the 2007 law.

The Republic of Guinea now has a stricter system and a strengthened regulatory framework. It includes: widening the scope of repression; the establishment of real supervisory and control bodies; active participation of financial institutions in the new system; enhanced international cooperation. The new law aims to define the legal framework relating to the fight against money laundering and the financing of terrorism.