Regulatory Alerts2026-04-05
Guidelines on AML/CFT for Real Estate Agents in Djibouti
The Djibouti National Coordination Committee on AML/CFT has issued comprehensive guidelines mandating real estate agents to implement a risk-based anti-money laundering and counter-terrorist financing framework. The regulations require licensed agents, developers, and brokers to conduct customer due diligence on buyers and sellers, report suspicious transactions to the ANRF financial intelligence unit, and maintain written policies aligned with FATF standards. Furthermore, the guidelines clarify covered property transactions, define excluded services like pure property management, and establish supervisory oversight by the Ministry of Urban Planning to mitigate illicit fund infiltration through Djibouti's rapidly growing real estate sector.