To support the insurance sector in the implementation of an effective mechanism to combat money laundering and the financing of terrorism (AML/CFT), the Insurance and Social Welfare Supervisory Authority (ACAPS) has just to publish a new guide on ML/FT typologies.

This new document sets out the different types of money laundering and/or terrorist financing in life insurance, through a case analysis. The 2nd chapter of this document, addressed to all insurance and reinsurance companies and to insurance and reinsurance intermediaries, focuses on the analysis of ML/FT typologies in connection with non-life insurance , while distinguishing typologies related to natural persons from those related to legal persons. The 3rd ^chapter focuses on possible cases of ML/FT that may arise in the reinsurance sector, the main challenges of this guide lie in the presentation of real cases of use of the insurance sector for ML/FT purposes. (registered in Morocco and/or other countries).