Standards

FATF alignment.

Dev54 is built around the FATF 40 Recommendations. Here is how each decisioning capability maps.

The Financial Action Task Force (FATF) sets the international standard for anti-money-laundering and counter-terrorist-financing. African regulators (NFIU, FRC, FIC, CENTIF, FIU-TZ) adopt these standards directly, so building to FATF means building to your local regulator.

Recommendation mapping

R.10Customer due diligence

KYC connectors (Smile ID, Dojah) + customer upsert API with risk banding and PEP flags.

R.12Politically exposed persons

PEP screening across UN, EU, OFAC, and African national lists at customer creation and on every transaction.

R.16Wire transfers

Counterparty fields enforced on cross-border transactions; originator and beneficiary captured per FATF travel rule.

R.20Suspicious transaction reporting

SAR drafting workflow with goAML XML export for NFIU, FRC, FIC, and other FIUs.

R.22DNFBPs

Same rules, screening, and reporting available to non-bank financial businesses.

R.26-28Regulation & supervision

Immutable audit log; per-organization regulator export bundle.

R.40International cooperation

Cross-border counterparty risk scoring; sanctioned-jurisdiction transaction blocking.

Country supervisors

  • Nigeria — CBN / NFIU (FATF observer until 2025, full member 2026).
  • Kenya — CBK / FRC (ESAAMLG member).
  • South Africa — SARB / FIC (ESAAMLG; grey-listed 2023, exit in progress).
  • Ghana — BoG / FIC (GIABA member).
  • Egypt, Morocco — MENAFATF members.
  • Côte d'Ivoire — BCEAO / CENTIF (GIABA).
  • Tanzania — BoT / FIU-TZ (ESAAMLG).

Need a copy of our full FATF mapping for your compliance committee? Email compliance@dev54.dev.