Morocco reaffirmed its commitment to international cooperation against terrorist financing at the 5th edition of the 'No Money for Terror' (NMFT) ministerial conference, held in Paris on May 18-19, 2026. The conference, co-hosted by France and the United Nations, brought together ministers and senior officials from over 70 countries to discuss strategies to disrupt financial networks supporting terrorism.
According to the Moroccan Ministry of Economy and Finance, the Moroccan delegation highlighted the country's progress in implementing Financial Action Task Force (FATF) recommendations, including enhanced oversight of non-profit organizations and cross-border cash movements. Morocco has been a member of FATF since 2023 and has strengthened its legal framework to combat money laundering and terrorist financing.
The conference focused on emerging threats, such as the use of cryptocurrencies and virtual assets by terrorist groups. Participants agreed on a joint declaration to improve information sharing between financial intelligence units and to leverage new technologies for tracking illicit financial flows.
Morocco's participation underscores its role as a regional leader in security and counterterrorism, with the country hosting the African Union's counterterrorism center in Rabat. The NMFT conference, first launched in 2018, has become a key platform for global coordination on financial security.
