The Republic of Djibouti has four major anti-Money Laundering (AML) and Terrorism Financing (TF) laws :

Money Laundering

• Law n°196/AN/02/4ème L on Money Laundering, Confiscation and International Cooperation of the proceeds of crime [French only]
• Law n°112/AN/11/6ème L supplementing Act N°196/AN/02/4ème L on Money Laundering, Confiscation and International Cooperation of the proceeds of crime [French only]

Terrorism Financing

• Law n°110/AN/11/6ème L on combating terrorism financing [French only]
• Law n°111/AN/11/6ème L on combating terrorism and other serious offence [French only]

The four laws have two main objectives:

• The implementation of measures to prevent and deter the commission of a money laundering and terrorism financing offence and ensuring the repression of these offences by assisting with police investigations.

The four laws include:

• The identification of clients, operations supervision, keeping and sending of documents, compliance programme and conditions of exchange and fund transfer;
• Cross-border currency carriage;
• The establishment of the Financial Intelligence Service.

The four laws comply with anti-money laundering and terrorism financing international norms. The programs implemented aim at protecting the financial system while assisting the reporting entities in their compliance with relevant national legislation.