The New Obligation to Declare the Ultimate Beneficial Owner under Regulation No.02/24/CEMAC/UMAC/CM of 20 th December 2024, on the Prevention and Suppression ofMoney Laundering and Terrorist Financing.
In light of the persistent challenges posed by money laundering, terrorist financing, and theproliferation of illicit activities, the CEMAC member states (Cameroon, Chad, Gabon,Equatorial Guinea,