Morocco (Africa • North Africa). Risk report as of the 19 Jun 2026 FATF plenary.
Morocco is rated High risk with a composite score of 5.3, driven by elevated corruption and limited accountability, though it is not FATF-listed and carries no sanctions exposure.
At a glance
- FATF status: Not currently listed
- Sanctions: None
- Governance (WGI) base: 5.3/10
- Corruption (CPI 2024): 37/100, rank #98 of 179
- Enforcement: no RegActions coverage
RegActions Country Risk Score: 5.3/10 (High)
Higher score = higher risk (global average 5.0). A Basel-structured, Wolfsberg-aligned composite: a World Bank WGI governance base, with FATF listing and sanctions as escalators (capped at 10). Enforcement volume and CPI are shown but not scored.
How it is scored
- Corruption (WGI) (35%): 6.3/10
- Rule of law & institutions (40%): 4.8/10
- Political stability (15%): 4.3/10
- Voice & accountability (10%): 5.6/10
- Governance base: 5.3
- Composite: 5.3
FATF status: Not currently listed
Morocco is not on the FATF grey or black list as of the 19 Jun 2026 plenary.
Why Morocco matters
- Corruption risk scores 6.3, indicating notable public-sector integrity challenges that affect financial-crime controls.
- Voice and accountability scores 5.6, reflecting constraints on political freedoms and civil society oversight.
- The CPI score of 37 out of 100 (rank 98 of 179) places Morocco in the lower half of global corruption perceptions.
- The composite score of 5.3 modestly exceeds the global average of 5.0, with no escalation from FATF or sanctions.
RegActions analysis
Morocco's composite score of 5.3 (High band) is entirely base-driven. Corruption at 6.3 is the dominant risk factor, with voice and accountability at 5.6 adding further weight. Rule of law and institutions at 4.83 and political stability at 4.3 are comparatively stronger domains. Morocco is not on the FATF grey or black list and carries no sanctions exposure. The CPI score of 37 and rank of 98 of 179, together with a governance percentile of 49, place Morocco near the global median. No enforcement actions are tracked in the dataset.
Outlook
Morocco's risk is moderate within the High band and structurally rooted in corruption and accountability constraints. The absence of FATF listing and sanctions exposure is a positive factor. Continued anti-corruption reform and improvements in voice and accountability indicators could, over time, reduce the composite score toward the Moderate band. Firms with Moroccan counterparties should apply proportionate enhanced due diligence, focused particularly on corruption risk.
Key watchpoints
- Monitor FATF assessment outputs and October 2026 plenary outcomes for any change in Morocco's listing status.
- Track CPI performance and governance reforms, particularly in anti-corruption and transparency.
- Apply enhanced due diligence to public-sector connected transactions and politically exposed persons.
- Assess political risk in relation to voice and accountability constraints when evaluating business relationships.
Source: FATF black & grey lists · World Bank WGI (CC BY 4.0 — World Bank WGI) · TI CPI (CC BY-ND 4.0 — Transparency International, display only)