Morocco Steps Up Efforts to Fight Money Laundering

The inter-governmental Middle East and North Africa Financial Action Task Force (MENA-FATF) removed Morocco from the list of countries that need a follow-up process on the concerns of money laundering and financing terrorism. Rabat celebrates, as the country’s endeavor to fight fraud and dubious financing is witnessing first results. Morocco has been also removed from […]

Morocco’s Banque Centrale Populaire acquires majority shares in Cameroon’s BICEC bank

Morocco’s Banque Centrale Populaire, BCP, has acquired 68.5 per cent of Cameroon’s Banque Internationale du Cameroun pour l’épargne et le crédit (BICEC). Till that acquisition, the assets were owned by French group BPCE (Banque Populaire et Caisse d’épargne).   The deal was signed Tuesday at BICEC headquarters in Douala, Business in Cameroon reports. Kamal Mokdad, […]

Moroccan, French Police Seal Joint Action Plan

Morocco’s National Police Services and France’s Directorate General of National Police inked on Tuesday in Rabat a Joint Action Plan, establishing a joint roadmap to fight cross-border organized crime in the two countries, bolster security cooperation and strengthen mutual assistance mechanisms in the numerous fields of police cooperation. The Joint Action Plan was initialed by […]