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Anti-Money Laundering Committee of the Franc Zone (CLAB)

The Anti-Money Laundering Liaison Committee of the Franc Zone (CLAB) promotes the adoption and effective implementation of anti-money laundering and combating the financing of terrorism (AML/CFT) standards. Established in 2000, CLAB operates as a consultation body and forum for exchange among banking and financing institutions, and provides technical support to members in order to facilitate the revision of regulations according to FATF standards. CLAB also works to raise awareness of exposed economic and political actors by sharing AML/CTF information and offering relevant training.

Members of CLAB include: Central Bank of West African States, Bank of Central African States, Central Bank of the Comoros, WAMU Banking Commission, Banking Commission of Central Africa, Committee on Economic and Monetary Union of West Africa, Commission of the Economic and Monetary Community of Central Africa, Intergovernmental Action Group against Money Laundering in Africa, Action Group against Money Laundering in Central Africa, Ministry of Economy and Finance (France), Ministry of Foreign Affairs (France), and Bank of France.