Regulatory Alerts2025-06-04
Law No. 178/AN/25/9th L Amending Law No. 106/AN/24/9th L on the Fight against Money Laundering, Terrorist Financing and Proliferation of Weapons of Mass Destruction
The Presidency of the Republic of Djibouti has enacted Law No. 178/AN/25/9th L to amend the national legal framework combating money laundering, terrorist financing, and weapons of mass destruction proliferation. The legislation expands the scope of regulated entities to include virtual asset service providers, real estate intermediaries, NGOs, and specific professionals, while mandating comprehensive risk assessments, strict customer and beneficial owner identification, and the prohibition of anonymous accounts. It further establishes enhanced due diligence protocols, caps cash transactions at one million Djiboutian Francs, and overrides professional secrecy to ensure full compliance with international anti-financial crime standards.
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