(7)Angola made a high-level political commitment in October 2024 to work with the FATF and the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG), which is its FSRB, to strengthen the effectiveness of its AML/CFT regime. Since the adoption of its MER in June 2023, Angola has made progress on some of the actions recommended in the MER, including by enhancing national cooperation and coordination, international cooperation, and the use of financial intelligence by competent authorities. Angola will continue to work with the FATF to implement its FATF action plan by: enhancing its understanding of ML/TF risks; improving risk-based supervision of non-financial banking entities and designated non-financial businesses and professions (DNFBPs); ensuring that competent authorities have adequate, accurate and timely access to beneficial ownership information and that breaches to obligations are adequately addressed; demonstrating an increase in ML investigations and prosecutions; demonstrating the ability to identify, investigate and prosecute TF; and demonstrating an effective process to implement TFS without delay. While recognising and welcoming the commitment and progress made by Angola so far, and encouraging further efforts, the Commission concludes that, Angola has not yet fully addressed the concerns that led to its addition to the FATF’s list of ‘Jurisdictions under Increased Monitoring’. Angola should therefore be considered a high-risk third country.