The EAG delegation for the first time participated in the ESAAMLG Plenary Meeting

The ESAAMLG concluded its 49th Task Force of Senior Officials Meetings under the Ethiopian Presidency. The meetings were held in Kampala, Uganda, from 28 March to 4 April 2025. More than 500 delegates attended the meetings.

The main outcomes of the meetings include:
1. The discussion and adoption of: the Eritrea Mutual Evaluation Report (MER) which marked the end of the ESAAMLG 2nd Round of Mutual Evaluations; the 3rd Round ESAAMLG Mutual Evaluations (ME) Procedures and Follow-Up Processes revised to ensure consistency with the recent changes made by the FATF to the Universal Procedures, FATF Standards and FATF Methodology; and the ESAAMLG Communication Rules and Procedures.
2. The approval of Follow-Up Reports (FURs) with Requests for Re-rating of Angola, Madagascar, Mozambique and Namibia.
3. Noting that Tanzania has substantially completed its ICRG action plan and awaits on-site visit by the FATF Africa Joint Group.

The discussions further highlighted best practices in promoting financial inclusion, emphasizing the importance of balancing access to formal financial systems with effective mechanisms established in the fight against financial crimes.

The EAG representatives shared the best practices of preparation for the new round of mutual evaluations, as well as approaches to technical assistance, including on the basis of the International Training and Methodology Centre for Financial Monitoring (ITMCFM).

The next Task Force and Council of Ministers meetings will be held in August/September 2025 in Addis Ababa, Ethiopia.