Equatorial Guinea

Identity verification (KYC) and AML/CFT in Equatorial Guinea

In Equatorial Guinea, COBAC supervises banks and ANIF receives suspicious transaction reports. Verita reads passports there, compares the customer’s face with the document and screens the name against sanctions and PEP lists; the CEMAC regulatory profile is built with you in a pilot.

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Equatorial Guinea at a glance

Central bank: Bank of Central African States (BEAC)
Banking supervisor: Central African Banking Commission (COBAC)
FATF-style regional body: GABAC (Task Force on Money Laundering in Central Africa)
AML/CFT law: Regulation No. 02/24/CEMAC/UMAC/CM of 20 December 2024 (money laundering, terrorist and proliferation financing)
Financial intelligence unit: National Financial Investigation Agency (Agencia Nacional de Investigación Financiera, ANIF)
Data protection: Law No. 1/2016 of 22 July 2016 (Ley de Protección de Datos Personales)
Business register: RCCM (OHADA area); commercial register kept in Malabo
Tax identification number: NIF (tax identification number)
Currency: Central African CFA franc (XAF)
Official language: Spanish, French and Portuguese
FATF status (June 2026 plenary): Not under increased monitoring
Insurance: CIMA member

What Verita checks today in Equatorial Guinea

Passports and MRZ documents (ICAO 9303 format), whatever the issuing country.
The Equatorial Guinean identity card: it can be uploaded as a generic identity document; dedicated reading (fields, number format) is set up in a pilot.
Face match, liveness and sanctions (UN, OFAC, EU, UK) and PEP screening, as on every file.
Businesses: automatic registry cross-checks are available for Côte d’Ivoire; for Equatorial Guinea, we scope them in a pilot.

The AML/CFT framework in Equatorial Guinea

Equatorial Guinea is part of CEMAC: the BEAC issues the Central African CFA franc and COBAC supervises banks. Regulation No. 02/24/CEMAC/UMAC/CM of 20 December 2024 frames the fight against money laundering and terrorist and proliferation financing in the six states, all members of GABAC. The country was not under FATF increased monitoring after the June 2026 plenary. Spanish, French and Portuguese are official languages; Verita’s interface is available in French and English.

What is set up in a pilot

Verita is built for the BCEAO framework. A ready-made CEMAC regulatory profile (COBAC rules, the national financial investigation agency’s report format) does not exist yet: we build it with your compliance team in a pilot.

Personal data

Law No. 1/2016 of 22 July 2016 on personal data protection governs the processing of personal data in Equatorial Guinea; face photos and identity documents are part of it. Verita can be installed on your own servers so that this data stays inside your perimeter, and every access is logged in the audit trail.

Frequently asked questions

Does Verita read the Equatorial Guinean identity card?

Not with dedicated reading yet: it can be uploaded as a generic identity document, and full reading is set up in a pilot. Passports are read automatically.

Who do banks in Equatorial Guinea report suspicions to?

To the National Financial Investigation Agency (ANIF, Agencia Nacional de Investigación Financiera). Verita prepares the report and has it approved by two people in your institution; your reporting officer sends it.

Is KYB available in Equatorial Guinea?

Automatic business-registry cross-checks are available for Côte d’Ivoire. For this country, we scope them with you in a pilot.

Can Verita be installed on our own servers?

Yes. On-premise installation is possible: documents and personal data never leave your infrastructure.

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