Morocco and France formalized a bilateral financial intelligence cooperation agreement at the 5th edition of the “No Money for Terror” ministerial conference, held in Paris on the margins of the French G7 Presidency. The agreement, signed by Jawhar Nfissi, President of Morocco’s National Financial Intelligence Authority (ANRF), and Antoine Magnant, Director General of France’s Tracfin financial intelligence unit, was concluded in the presence of Finance Minister Nadia Fettah Alaoui and her French counterpart Roland Lescure.
Fettah framed Morocco’s participation in clear terms: the fight against illicit financial flows is not an external constraint but a sovereign national decision, fully integrated into the priorities of Morocco’s New Development Model. She emphasized the country’s commitment to building a balanced, proportionate, and evolving regulatory framework that protects investors and preserves the integrity of the economic and financial system — the two objectives she identified as inseparable from Morocco’s ambition to attract sustainable investment.
French President Emmanuel Macron cited the Tracfin-ANRF agreement at the conference’s closing session as the most concrete illustration that the work of international cooperation against terrorist financing continues. He used the occasion to warn against the risks of financial innovation being diverted for terrorist purposes, naming crypto-assets specifically and pointing to the growing links between organized crime and the financing of international terrorist organizations. He also highlighted the challenge of stabilizing and economically re-integrating territories where terrorist networks have previously held sway.
The conference, bringing together more than 80 international delegations, is the fifth edition of an initiative launched by Macron in Paris in 2018 and continued in Melbourne (2019), New Delhi (2022), and Munich (2025). Its inclusion in the French G7 Presidency’s finance track signals the elevation of financial crime countermeasures to the highest table of Western economic governance, and Morocco’s bilateral accord with France’s intelligence unit at this venue places it visibly among the countries shaping rather than merely attending that agenda.
The agreement deepens a Morocco-France bilateral relationship that has been in an active consolidation phase throughout 2026. Following President Macron’s extraordinary tribute to Morocco’s education model at the Nairobi Africa Forward summit, the Tracfin-ANRF accord adds a financial governance dimension to what is increasingly described by both capitals as a strategic partnership operating across the full spectrum of shared priorities.
