(8)Côte d’Ivoire made a high-level political commitment in October 2024 to work with the FATF and the Groupe Intergouvernemental d’Action contre le Blanchiment d’Argent en Afrique de l’Ouest (GIABA), which is its FSRB, to strengthen the effectiveness of its AML/CFT regime. Since the adoption of its MER in June 2023, Côte d’Ivoire has made progress on many of the actions recommended in the MER, including by strengthening its legal AML/CFT framework through several important legislative and regulatory amendments, updating ML/TF analysis by drafting typology reports on the highest risk predicate offences, strengthening the human and technical resources of the financial intelligence unit (FIU) and prosecutors, and operationalising the agency in charge of the management of assets seized and confiscated. Côte d’Ivoire will continue to work with the FATF to implement its FATF action plan by: enhancing its use of international cooperation in ML/TF investigations and prosecutions; improving the implementation of risk-based supervision of financial institutions and designated non-financial businesses and professions and conducting outreach campaigns to improve compliance; improving the verification and access of basic and beneficial ownership information of legal persons and applying sanctions in case of violation; enhancing the use of financial intelligence by law enforcement authorities and improving disseminations by the FIU; demonstrating a sustained increase in the number of ML/TF investigations and prosecutions of different types in line with the country’s risk profile; and strengthening the TFS framework. While recognising and welcoming the commitment and progress made by Côte d'Ivoire so far, and encouraging further efforts, the Commission concludes that Côte d’Ivoire has not yet fully addressed the concerns that led to its addition to the FATF’s list of ‘Jurisdictions under Increased Monitoring’. Côte d’Ivoire should therefore be considered a high-risk third country.