The Groupe d’Action contre le blanchiment d’Argent en Afrique Centrale (GABAC, or The Task Force on Money Laundering in Central Africa) is a body of the Economic and Monetary Community of Central Africa.
Established in 2000, it became an observer organization in 2012 and eventually a FATF-style regional body in October 2015. GABAC’s associate membership has extended the reach of the FATF global network into Central Africa.
The GABAC mandate is to combat money laundering and terrorist financing, assess the compliance of its members against the FATF Standards, provide technical assistance to its member States, and facilitate international co-operation.
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