​Mozambique is the sixth worst country in the world, out of a group of 203According to the International Center for Asset Recovery, quoted by the Center for Public Integrity (CIP), the risk of money laundering and terrorist financing is high. 

For the CIP, this classification, which is included in the Basel AML Index, signals the country's vulnerability to the occurrence of these crimes and the difficulties it may face in getting off the FATF list next year.

Along with other African countries, despite having improved on seven of the 15 recommendations submitted for evaluation by the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG), "the country has not made notable progress towards complying with the recommendations made by the FATF since 2019".

In the document, which analyzes the variation in the country's classification in the Basel AML Index over the last five years, between 2019 and 2023, CIP believes that Mozambique has been poorly classified. In fact, there is a tendency for the country not to comply with the FATF's recommendations.

In this sense, the Center anticipates that Mozambique's inclusion on the FATF's grey list should come as no surprise, not least because its inclusion on the grey list "was not random, but rather the result of the government's lack of commitment to combating money laundering and terrorist financing through concrete measures".

"By remaining on the FATF's gray list, i.e. under heightened surveillance, the country faces the threat of sanctions, such as restrictions on its creditors' access to the world financial system and a delay in global transactions," the analysis states.