Burkina Faso

The mutual evaluation report (MER) of Burkina Faso was adopted in May 2019. Based on the MER results, Burkina Faso was placed on the enhanced Follow Up process. Burkina Faso’s 1st Enhanced Follow-up Report (FUR) with technical compliance re-ratings was adopted in April 2021 and, based on the results, Burkina Faso was maintained on the enhanced follow-up. The 2nd and 3rd FURs were adopted for information purposes only, in May 2021 and May 2022, respectively.

This 4th enhanced FUR analyses Burkina Faso’s progress in addressing some of the technical compliance deficiencies identified in its MER and 1st FUR. Re-ratings are given where progress has been made. 

This report summarizes the AML/CFT measures in Burkina Faso at the date of the on-site visit. It analyses the level of compliance with the FATF 40 Recommendations and the level of effectiveness of Burkina Faso’s AML/CFT system, and recommends how the system could be strengthened.

This evaluation was based on the 2012 FATF Recommendations, and was prepared using the 2013 Methodology. The evaluation was based on information provided by Burkina Faso, and information obtained by the evaluation team during its on-site visit to Burkina Faso from 23 July to 7 August 2018 

This document provides a summary of the anti-money laundering (AML) and countering the financing of terrorism (CFT) measures in place in Burkina Faso as at the date of the on-site visit (23 July to 3 August 2018). It analyses the level of compliance with the Financial Action Task Force (FATF) 40 Recommendations and the level of effectiveness of Burkina Faso's AML/CFT regime. It also provides recommendations on how the regime could be to strengthen.