The Financial Action Task Force (FATF) has kept Cameroon on its grey list, indicating that the country is subject to “enhanced monitoring and increased scrutiny.” This information was revealed in a note published by the institution on its website on October 24, 2025. Cameroon’s continued presence on the FATF grey list requires government authorities to “address strategic deficiencies in the fight against money laundering and terrorist financing (AML/CFT).”
In its note, the FATF states that “being listed on this list does not mean that a country is subject to countermeasures, but rather that it is under enhanced monitoring.” Consequently, the FATF explains that “the countries concerned must demonstrate, within agreed timeframes, the effective implementation of their commitments.”
In line with this, the FATF urges Cameroon in its note to “continue implementing its action plan.” This action plan should focus on “aligning national policies with risk assessments, increasing supervision of financial institutions, enhancing transparency on beneficial ownership of companies, improving information exchange between the national financial intelligence unit and other authorities, and intensifying investigations into money laundering and terrorist financing offenses.”
Following an evaluation, the FATF notes that “only 8 out of the 24 agreed action points have been largely fulfilled, resulting in an execution rate of less than 40%.” This explains the country’s difficulties in being removed from the grey list, especially since it was initially expected to be delisted in September 2025.
It is worth noting that Cameroon has been committed to working closely with the FATF and the Action Group against Money Laundering in Central Africa (GABAC) since June 2023 to address the deficiencies in its national framework. However, based on the latest FATF review, the overall progress remains mixed.
