Money Laundering/Terrorist Financing and the Smuggling of Goods in West Africa
The Inter-Governmental Action Group against Money Laundering (GIABA) is a specialised institution of ECOWAS and a FATF Style Regional Body that promotes policies to protect member States' financial systems against money laundering, terrorist financing, and the financing of the proliferation of weapons of mass destruction. The FATF Recommendations are recognised as the global anti-money laundering (AML) and counter-terrorist financing (CTF) standard.