The Intergovernmental Action Group against Money Laundering (GIABA) has continued to face major challenges. Thus, it will not be able to conclude its cycle of mutual evaluations in time.

At the opening of the 3rd Stakeholder Forum of the Intergovernmental Action Group against Money Laundering (GIABA) on new global issues in the fight against money laundering and the financing of terrorism (AML / CFT), as well as the implications for GIABA member States, its President Kimélabalou Aba assured that "GIABA will not be able to conclude in time the present cycle of mutual evaluations which must imperatively end in 2024". The difficulties facing the institution are: the glaring lack of competent technical staff of the GIABA Secretariat responsible for coordinating the mutual evaluations, with the consequent delay in finalizing the different versions of the mutual evaluation reports (MERs) for adoption in plenary, the drafting quality and consistency of the said reports, the inexperience of certain expert assessors from the Member States who do not sufficiently master the assessment methodology or do not devote sufficient time to the exercise.