--- title: "KM-A Payments Regulation Monitor | World Payments Monitor" canonical: https://payments.gi/jurisdictions/comoros-anjouan/ source_html: /jurisdictions/comoros-anjouan/index.html description: "KM-A payments and e-money regulation: 14 modules, 69 sourced findings, updated 2026-10-26. Licensing, safeguarding, stablecoins, AML/CFT." generated_at: 2026-10-26T19:20:26Z content_sha256: 3b4adaaa279fc2f3c6c85a922414efdbde314bafdeb75fcbcde646be20379d1a generator: "fe-fleet/md-twin@1.0" --- # KM-A KM-A schema world-payments-v1 trajectory: not yet assessed Last updated 2026-10-26 · 14 modules · 69 sourced findings · 73 sources in the cumulative register Download report (PDF) Expand all 14 Modules 0 Moved this cycle 0 Key judgments 3 Open gaps 69 Findings 11 Tier-1 sources Confidence mix 13 unpopulated 1 confirmed (sums to 14 rendered modules; click to filter) No modules moved this cycle. ## Jurisdiction brief No content recorded at this JID path. × 14 of 14 modules Signal Moved Judgment Gap Density Comfortable Compact Expand all sources Reset all Selections OR within a group, AND across groups. Press / to search. ### W1aLicensing, Authorisation & Market Access1 gapProbableconfirmed 2026-09-08▾# The only legally recognised financial licensing authority for the Union of the Comoros, including the autonomous island of Anjouan, is the Banque Centrale des Comores (BCC), which supervises banking and financial activity union-wide under banking laws reformed in 2013 and 2015, and which created a formal Electronic Money Institution (EMI) authorisation route via Regulation 01/2017. A separate entity styling itself the 'Anjouan Offshore Finance Authority' (AOFA) continues to market banking, EMI/PSP, VASP and gaming licences from Anjouan citing a 2005 separatist-era Act, but Union banking law stripped it of recognised regulatory status and the BCC has repeatedly and publicly disavowed it. Open gap — wpm-int-1 No BCC circular, decree or payment-systems framework update specific to KM-A/Anjouan was located for the window 2026-09-08 to 2026-10-25. no under-indexing note recorded No sub-brief written this cycle The module carries open gaps but no narrative analysis was authored this cycle. Flagged for the next research pass. no periodic updates on record for this sub-brief Evidence 6 Sources and findings (6) - T1[https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf](https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf) Applies beyond this jurisdiction (World Bank)retrieved 2026-09-08 - T3[https://www.abc.net.au/news/2025-12-31/fake-gambling-licenses-anjouan-casinos/106158766](https://www.abc.net.au/news/2025-12-31/fake-gambling-licenses-anjouan-casinos/106158766)retrieved 2026-09-08 - T3[https://legasset.com/anjouan-forex-licence-explained/](https://legasset.com/anjouan-forex-licence-explained/)retrieved 2026-09-08 - T2[https://www.devex.com/organizations/central-bank-of-the-comoros-banque-centrale-des-comores-159426](https://www.devex.com/organizations/central-bank-of-the-comoros-banque-centrale-des-comores-159426)retrieved 2026-09-08 - T4[https://anjouanfinanciallicenses.com/about-anjouan/](https://anjouanfinanciallicenses.com/about-anjouan/)retrieved 2026-09-08 - T4[https://valsen-corporate.com/comoros-banking-license/](https://valsen-corporate.com/comoros-banking-license/)retrieved 2026-09-08 ### W1bConduct, Safeguarding & PromotionsProbableconfirmed 2026-09-08▾# There is no genuine conduct or safeguarding regime attaching to the Anjouan-branded licensing ecosystem; the BCC's conduct posture toward it is one of active public disavowal and consumer warning rather than supervision. Under the legitimate BCC e-money framework, issuers face a market-discipline obligation to publish pricing to customers. Enforcement activity is concentrated on financial-promotion warnings (BCC statements, foreign regulator alerts, and a criminal prosecution) rather than on a settled conduct rulebook. Absence reason not determinable No sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason. no periodic updates on record for this sub-brief Evidence 6 Sources and findings (6) - T1[https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf](https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf) Applies beyond this jurisdiction (World Bank)retrieved 2026-09-08 - T3[https://www.abc.net.au/news/2025-12-31/fake-gambling-licenses-anjouan-casinos/106158766](https://www.abc.net.au/news/2025-12-31/fake-gambling-licenses-anjouan-casinos/106158766)retrieved 2026-09-08 - T3[https://tribuna.com/en/casino/news/2025-12-31-anjouanlinked-network-selling-fake-gambling-and-financial-licences-investigation-finds/](https://tribuna.com/en/casino/news/2025-12-31-anjouanlinked-network-selling-fake-gambling-and-financial-licences-investigation-finds/)retrieved 2026-09-08 - T3[https://agreegain.com/blog/anjouan-licences-under-scrutiny-what-the-comoros-warning-means-for-igaming-operators/](https://agreegain.com/blog/anjouan-licences-under-scrutiny-what-the-comoros-warning-means-for-igaming-operators/)retrieved 2026-09-08 - T3[https://iccwbo.org/news-publications/news/anjouan-banks-suspect/](https://iccwbo.org/news-publications/news/anjouan-banks-suspect/)retrieved 2026-09-08 - T4[https://www.fintechsetup.com/beware-of-fraudulent-comoros-offshore-authorities-and-banks/](https://www.fintechsetup.com/beware-of-fraudulent-comoros-offshore-authorities-and-banks/)retrieved 2026-09-08 ### W2Stablecoins & Digital Money1 gapUncertainconfirmed 2026-09-08▾# No Union-level (BCC) statute specifically governing stablecoins or digital-asset issuance was identified beyond the general EMI regime (Regulation 01/2017). The Anjouan-branded ecosystem separately markets unrecognised 'crypto' and VASP licences and claims unilateral alignment with FATF Travel Rule concepts, but these claims carry no Comorian legal basis. This module is tagged D-tier: the jurisdiction genuinely has no standing, recognised digital-asset regime distinct from the disputed offshore marketing. Open gap — wpm-int-2 No stablecoin or digital-money instrument specific to KM-A was located this cycle. no under-indexing note recorded No sub-brief written this cycle The module carries open gaps but no narrative analysis was authored this cycle. Flagged for the next research pass. no periodic updates on record for this sub-brief Evidence 3 Sources and findings (3) - T3[https://legasset.com/anjouan-forex-licence-explained/](https://legasset.com/anjouan-forex-licence-explained/)retrieved 2026-09-08 - T3[https://globallawexperts.com/the-anjouan-gaming-licence-what-weve-learned-from-structuring-dozens-of-offshore-gambling-operations/](https://globallawexperts.com/the-anjouan-gaming-licence-what-weve-learned-from-structuring-dozens-of-offshore-gambling-operations/)retrieved 2026-09-08 - T4[https://anjouanfinanciallicenses.com/](https://anjouanfinanciallicenses.com/)retrieved 2026-09-08 ### W3Operational Resilience & Critical InfrastructureProbableconfirmed 2026-09-08▾# Comoros' payment infrastructure is undergoing a significant modernisation: the BCC's historic sole interbank clearing mechanism was a manual cheque clearing house (SYCOCO), and the BCC has been developing a formal oversight policy framework for payment-system resilience with World Bank technical assistance. In 2025 a new National Interoperable Digital Payment Switch went live, connecting banks, microfinance institutions and mobile money operators, alongside further components (KomorPay, Komor Switch, National Payment Hub) rolled out under the 2025-2030 National Financial Inclusion Strategy. Kept on Dataprotection.gi, not restated here: data and cloud switching obligations on service providers, including notice periods and charges. [Open its jurisdiction pages on Dataprotection.gi →](https://dataprotection.gi/jurisdictions/) Absence reason not determinable No sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason. no periodic updates on record for this sub-brief Evidence 4 Sources and findings (4) - T1[https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf](https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf) Applies beyond this jurisdiction (World Bank)retrieved 2026-09-08 - T1[https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf](https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf) Applies beyond this jurisdiction (World Bank)retrieved 2026-09-08 - T3[https://fox5sandiego.com/business/press-releases/ein-presswire/842588827/paylogic-announces-the-go-live-of-the-comoross-national-interoperable-payment-switch/](https://fox5sandiego.com/business/press-releases/ein-presswire/842588827/paylogic-announces-the-go-live-of-the-comoross-national-interoperable-payment-switch/)retrieved 2026-09-08 - T3[https://world-today-journal.com/comoros-banking-sector-2025-growth-digital-transformation-and-financial-inclusion/](https://world-today-journal.com/comoros-banking-sector-2025-growth-digital-transformation-and-financial-inclusion/)retrieved 2026-09-08 ### W4Scheme & Network ComplianceProbableconfirmed 2026-09-08▾# Comoros has no domestic card scheme and is not a member of a regional card-interoperability body such as GIM-UEMOA (it is a SADC member instead). Card usage (Visa/Mastercard) remains nascent and is only slowly being introduced; the BCC's historic interbank rail is the manual SYCOCO cheque clearing house. The new national payment switch is intended to add mobile- and card-based interoperable services under BCC oversight. No PCI DSS mandate or interchange-fee regulation was identified. Absence reason not determinable No sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason. no periodic updates on record for this sub-brief Evidence 4 Sources and findings (4) - T4[https://www.transfi.com/blog/popular-local-payment-methods-and-solutions-in-comoros](https://www.transfi.com/blog/popular-local-payment-methods-and-solutions-in-comoros)retrieved 2026-09-08 - T1[https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf](https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf) Applies beyond this jurisdiction (World Bank)retrieved 2026-09-08 - T1[https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf](https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf) Applies beyond this jurisdiction (World Bank)retrieved 2026-09-08 - T3[https://techafricanews.com/2025/08/27/paylogic-launches-national-payment-switch-in-comoros-to-boost-digital-financial-inclusion/](https://techafricanews.com/2025/08/27/paylogic-launches-national-payment-switch-in-comoros-to-boost-digital-financial-inclusion/)retrieved 2026-09-08 ### W5Payment Corridor DynamicsProbableconfirmed 2026-09-08▾# Remittances are a structurally central corridor for Comoros, historically around 12% of GDP and now reported by some sources to exceed 20% of GDP, flowing predominantly via banks (MoneyGram, Western Union, Ria) and informal/traditional channels; Anjouan receives a proportionally smaller share of diaspora remittance flows than Ngazidja or Moheli given more limited historical migration. Regionally, Comoros is a SADC member using SIRESS (settled in Rand via the South African Reserve Bank) and is referenced alongside the East African Payments System. Absence reason not determinable No sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason. no periodic updates on record for this sub-brief Evidence 5 Sources and findings (5) - T1[https://documents1.worldbank.org/curated/en/957391468772177750/pdf/312750PAPER0Comoros0AFR0wp75.pdf](https://documents1.worldbank.org/curated/en/957391468772177750/pdf/312750PAPER0Comoros0AFR0wp75.pdf) Applies beyond this jurisdiction (World Bank)retrieved 2026-09-08 - T1[https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf](https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf) Applies beyond this jurisdiction (World Bank)retrieved 2026-09-08 - T4[https://www.transfi.com/blog/popular-local-payment-methods-and-solutions-in-comoros](https://www.transfi.com/blog/popular-local-payment-methods-and-solutions-in-comoros)retrieved 2026-09-08 - T3[https://tradingeconomics.com/comoros/remittances](https://tradingeconomics.com/comoros/remittances)retrieved 2026-09-08 - T3[https://world-today-journal.com/comoros-banking-sector-2025-growth-digital-transformation-and-financial-inclusion/](https://world-today-journal.com/comoros-banking-sector-2025-growth-digital-transformation-and-financial-inclusion/)retrieved 2026-09-08 ### W6Industry Structure & CommercialProbableconfirmed 2026-09-08▾# The legitimate Comorian financial-services industry is small and bank-led: four commercial banks (state-controlled BDC, AFG Bank Comoros, Exim Bank Comoros - a Tanzanian subsidiary - and Banque Federale de Commerce) plus a cooperative network (MECK, including the Anjouan-specific Union des Sanduk d'Anjouan). Mobile money is expanding via Mvola (Telma/Yas Comoros) and MobiCash/D7. Running in parallel, and outside this recognised structure, is an offshore ecosystem of 50+ entities claiming AOFA-issued banking, insurance, brokerage and gambling licences. Absence reason not determinable No sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason. no periodic updates on record for this sub-brief Evidence 6 Sources and findings (6) - T2[https://www.mfw4a.org/country/comoros](https://www.mfw4a.org/country/comoros)retrieved 2026-09-08 - T3[https://en.wikipedia.org/wiki/List_of_banks_in_the_Comoros](https://en.wikipedia.org/wiki/List_of_banks_in_the_Comoros)retrieved 2026-09-08 - T4[https://www.transfi.com/blog/popular-local-payment-methods-and-solutions-in-comoros](https://www.transfi.com/blog/popular-local-payment-methods-and-solutions-in-comoros)retrieved 2026-09-08 - T3[https://www.gsma.com/solutions-and-impact/connectivity-for-good/mobile-for-development/gsma_orgs/yas-comoros/](https://www.gsma.com/solutions-and-impact/connectivity-for-good/mobile-for-development/gsma_orgs/yas-comoros/)retrieved 2026-09-08 - T1[https://www.worldbank.org/ext/en/country/comoros](https://www.worldbank.org/ext/en/country/comoros) Applies beyond this jurisdiction (World Bank)retrieved 2026-09-08 - T3[https://www.abc.net.au/news/2025-12-31/fake-gambling-licenses-anjouan-casinos/106158766](https://www.abc.net.au/news/2025-12-31/fake-gambling-licenses-anjouan-casinos/106158766)retrieved 2026-09-08 ### W7Legal & LitigationProbableconfirmed 2026-09-08▾# The dominant legal/litigation theme for this jurisdiction is the decades-long dispute over the legal status of Anjouan's self-styled offshore financial and gaming regulators. Comoros' own vice-president alleged money-laundering activity as early as 2007; a World Bank mission found the creation of Anjouan offshore banks illegal under Comoros law; and the AOFA was formally stripped of regulatory status by 2013/2015 banking laws. Enforcement has continued into 2025-2026, including a German criminal sentencing tied to fraud platforms using fake Anjouan/Mwali licences as cover, and a formal FATF/GIABA mutual evaluation of the Union's AML/CFT legal framework. Absence reason not determinable No sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason. no periodic updates on record for this sub-brief Evidence 6 Sources and findings (6) - T3[https://www.abc.net.au/news/2025-12-31/fake-gambling-licenses-anjouan-casinos/106158766](https://www.abc.net.au/news/2025-12-31/fake-gambling-licenses-anjouan-casinos/106158766)retrieved 2026-09-08 - T3[https://www.abc.net.au/news/2025-12-31/fake-gambling-licenses-anjouan-casinos/106158766](https://www.abc.net.au/news/2025-12-31/fake-gambling-licenses-anjouan-casinos/106158766)retrieved 2026-09-08 - T3[https://iccwbo.org/news-publications/news/anjouan-banks-suspect/](https://iccwbo.org/news-publications/news/anjouan-banks-suspect/)retrieved 2026-09-08 - T3[https://www.unz.com/article/the-israeli-scam-networks-hiding-behind-a-fake-island-regulator/](https://www.unz.com/article/the-israeli-scam-networks-hiding-behind-a-fake-island-regulator/)retrieved 2026-09-08 - T1[https://www.fatf-gafi.org/content/dam/fatf-gafi/fsrb-mer/MER-Comoros-May-2024.pdf.coredownload.pdf](https://www.fatf-gafi.org/content/dam/fatf-gafi/fsrb-mer/MER-Comoros-May-2024.pdf.coredownload.pdf) Applies beyond this jurisdiction (FATF)retrieved 2026-09-08 - T3[https://agreegain.com/blog/anjouan-licences-under-scrutiny-what-the-comoros-warning-means-for-igaming-operators/](https://agreegain.com/blog/anjouan-licences-under-scrutiny-what-the-comoros-warning-means-for-igaming-operators/)retrieved 2026-09-08 ### W8Merchant Acquiring & RiskUncertainconfirmed 2026-09-08▾# No BCC-published merchant-acquiring, chargeback/dispute or high-risk-MCC regulatory framework was identified for the recognised financial sector. The Anjouan-branded offshore/gaming ecosystem operates its own workaround: gaming and PSP-labelled operators are typically required to route merchant payment processing through a separately incorporated Cyprus-based payment agent rather than acquiring directly under Anjouan incorporation. The new national payment switch is intended in part to improve domestic merchant settlement speed. Absence reason not determinable No sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason. no periodic updates on record for this sub-brief Evidence 2 Sources and findings (2) - T4[https://www.fintecharbor.com/comoros-gaming-license/](https://www.fintecharbor.com/comoros-gaming-license/)retrieved 2026-09-08 - T3[https://techafricanews.com/2025/08/27/paylogic-launches-national-payment-switch-in-comoros-to-boost-digital-financial-inclusion/](https://techafricanews.com/2025/08/27/paylogic-launches-national-payment-switch-in-comoros-to-boost-digital-financial-inclusion/)retrieved 2026-09-08 ### W9Product Innovation & Market DevelopmentProbableconfirmed 2026-09-08▾# Comoros is in an active product-modernisation phase led by the BCC and the World Bank-backed Financial Sector Development Support Project (PADSF): a National Interoperable Digital Payment Switch went live in August 2025, followed by phased rollout of KomorPay (automated cheque/transfer clearing), the Komor Switch interbank platform, a National Payment Hub, and the Mali Ya Wakazi agent network, all anchored to a National Financial Inclusion Strategy 2025-2030 adopted on 8 October 2025. Absence reason not determinable No sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason. no periodic updates on record for this sub-brief Evidence 4 Sources and findings (4) - T1[https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf](https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf) Applies beyond this jurisdiction (World Bank)retrieved 2026-09-08 - T3[https://fox5sandiego.com/business/press-releases/ein-presswire/842588827/paylogic-announces-the-go-live-of-the-comoross-national-interoperable-payment-switch/](https://fox5sandiego.com/business/press-releases/ein-presswire/842588827/paylogic-announces-the-go-live-of-the-comoross-national-interoperable-payment-switch/)retrieved 2026-09-08 - T3[https://world-today-journal.com/comoros-banking-sector-2025-growth-digital-transformation-and-financial-inclusion/](https://world-today-journal.com/comoros-banking-sector-2025-growth-digital-transformation-and-financial-inclusion/)retrieved 2026-09-08 - T4[https://www.cbs42.com/business/press-releases/ein-presswire/786074855/paylogic-awarded-project-for-the-national-interoperable-digital-payment-switch-in-the-union-of-comoros/](https://www.cbs42.com/business/press-releases/ein-presswire/786074855/paylogic-awarded-project-for-the-national-interoperable-digital-payment-switch-in-the-union-of-comoros/)retrieved 2026-09-08 ### W10Consumer Protection & APP FraudProbableconfirmed 2026-09-08▾# Consumer protection in this jurisdiction is dominated by financial-crime prevention messaging rather than a settled APP-fraud reimbursement regime: the BCC periodically warns consumers that Anjouan-branded 'regulators' are fictitious and publishes lists of disavowed offshore banks, while over 70% of the population remains unbanked, underscoring a financial-inclusion rather than a mature-market consumer-protection posture. Under the EMI framework, issuers face a market-discipline obligation to disclose pricing to customers. Absence reason not determinable No sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason. no periodic updates on record for this sub-brief Evidence 5 Sources and findings (5) - T1[https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf](https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf) Applies beyond this jurisdiction (World Bank)retrieved 2026-09-08 - T3[https://www.abc.net.au/news/2025-12-31/fake-gambling-licenses-anjouan-casinos/106158766](https://www.abc.net.au/news/2025-12-31/fake-gambling-licenses-anjouan-casinos/106158766)retrieved 2026-09-08 - T4[https://www.fintechsetup.com/beware-of-fraudulent-comoros-offshore-authorities-and-banks/](https://www.fintechsetup.com/beware-of-fraudulent-comoros-offshore-authorities-and-banks/)retrieved 2026-09-08 - T4[https://www.transfi.com/blog/popular-local-payment-methods-and-solutions-in-comoros](https://www.transfi.com/blog/popular-local-payment-methods-and-solutions-in-comoros)retrieved 2026-09-08 - T3[https://tribuna.com/en/casino/news/2025-12-31-anjouanlinked-network-selling-fake-gambling-and-financial-licences-investigation-finds/](https://tribuna.com/en/casino/news/2025-12-31-anjouanlinked-network-selling-fake-gambling-and-financial-licences-investigation-finds/)retrieved 2026-09-08 ### W11AML/CFT & Financial Crime (Sentinel.gi-fed)1 gapSourced from Sentinel.gi ↗Confirmedconfirmed 2026-09-08▾# Sentinel.gi feed position: the Union of Comoros' Second Round Mutual Evaluation (published May 2024, conducted 12-26 July 2023) found the country Largely Compliant on 4 FATF Recommendations, Partially Compliant on 13 Recommendations plus 3 Special Recommendations, and Non-Compliant on 23 Recommendations plus 6 Special Recommendations. Comoros moved from ESAAMLG to GIABA membership in 2017, was in enhanced follow-up, and was withdrawn from that regime in 2021 to prepare for its Second Round evaluation. NPO-sector TF-risk assessment remains outstanding. Open gap — wpm-int-3 No sentinel-fed AML/CFT delta for KM-A was located this cycle. no under-indexing note recorded No sub-brief written this cycle The module carries open gaps but no narrative analysis was authored this cycle. Flagged for the next research pass. no periodic updates on record for this sub-brief Evidence 10 Sources and findings (10) - T2[https://2009-2017.state.gov/documents/organization/82217.pdf](https://2009-2017.state.gov/documents/organization/82217.pdf)retrieved 2026-09-08 - T?FIM (sentinel.gi) per-JID baseline profile — Comoros — Anjouan — Anjouan has no distinct island-level AML/CFT law or regulator; it is governed entirely by the Union of the Comoros' national framework (BCC supervision, FIU under the Ministry of Finance, GIABA-assessed 2024 MER). Technical compliance is weak (R.7, R.22 rated Non-Compliant) and the FIU is not an Egmont member. - T1FIM (sentinel.gi) sanctions_change_register (issue FIM-BASE-SANC-003) — Sanctions: OFAC delisting - T1FIM (sentinel.gi) enforcement_action_register (issue FIM-BASE-ENF-004) — Enforcement: GIABA (FATF-Style Regional Body) — Union of the Comoros AML/CFT regime - T1FIM (sentinel.gi) sanctions_change_register (issue FIM-BASE-SANC-001) — Sanctions: OFAC listing - T1FIM (sentinel.gi) enforcement_action_register (issue FIM-BASE-ENF-001) — Enforcement: OFAC — Comoros-flagged tankers GOLDEN SUNRISE and MIRAAN - T?FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-003) — Gap: absent-field-provenance - T?FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-002) — Gap: regulatory-failure - T?FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-004) — Gap: enforcement-absence - T?FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-001) — Gap: capacity-deficit ### W12Correspondent Banking, Settlement & AccessProbableconfirmed 2026-09-08▾# Comoros' settlement and correspondent-banking access is anchored in its French monetary cooperation agreement (the BCC's board includes French Government/Banque de France representation, and a Banque de France official holds the Deputy Director post for monetary policy) alongside newer SADC-based regional settlement access via SIRESS (settled in Rand by the South African Reserve Bank). The reputational overhang from the Anjouan fraudulent-licensing ecosystem creates elevated generic de-risking exposure for Comorian-linked correspondent relationships, consistent with well-documented global de-risking pressure on smaller, higher-perceived-risk banking markets. Absence reason not determinable No sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason. no periodic updates on record for this sub-brief Evidence 5 Sources and findings (5) - T3[https://en.wikipedia.org/wiki/Central_Bank_of_the_Comoros](https://en.wikipedia.org/wiki/Central_Bank_of_the_Comoros)retrieved 2026-09-08 - T3[https://en.wikipedia.org/wiki/Comorian_franc](https://en.wikipedia.org/wiki/Comorian_franc)retrieved 2026-09-08 - T1[https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf](https://documents1.worldbank.org/curated/en/812791592801563444/pdf/Comoros-Payments-and-Settlement-Systems-Oversight-Policy-Framework.pdf) Applies beyond this jurisdiction (World Bank)retrieved 2026-09-08 - T2[https://www.mfw4a.org/country/comoros](https://www.mfw4a.org/country/comoros)retrieved 2026-09-08 - T1[https://www.bis.org/cpmi/publ/d147.pdf](https://www.bis.org/cpmi/publ/d147.pdf) Applies beyond this jurisdiction (Basel Committee)retrieved 2026-09-08 ### W13Commercial Intelligence (M&A, Investment & Product)Probableconfirmed 2026-09-08▾# Within the trailing 12-month baseline window, commercial activity for this jurisdiction is dominated by public-sector-led payments infrastructure delivery (PayLogic/BCC/World Bank PADSF) rather than private M&A or funding rounds; no disclosed M&A transaction or funding round specific to a Comoros/Anjouan payments entity was identified in this sweep. Absence reason not determinable No sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason. no periodic updates on record for this sub-brief Evidence 3 Sources and findings (3) - T3[https://fox5sandiego.com/business/press-releases/ein-presswire/842588827/paylogic-announces-the-go-live-of-the-comoross-national-interoperable-payment-switch/](https://fox5sandiego.com/business/press-releases/ein-presswire/842588827/paylogic-announces-the-go-live-of-the-comoross-national-interoperable-payment-switch/)retrieved 2026-09-08 - T3[https://world-today-journal.com/comoros-banking-sector-2025-growth-digital-transformation-and-financial-inclusion/](https://world-today-journal.com/comoros-banking-sector-2025-growth-digital-transformation-and-financial-inclusion/)retrieved 2026-09-08 - T3[https://world-today-journal.com/comoros-banking-sector-2025-growth-digital-transformation-and-financial-inclusion/](https://world-today-journal.com/comoros-banking-sector-2025-growth-digital-transformation-and-financial-inclusion/)retrieved 2026-09-08 No modules match. Filters combine as OR inside a group and AND across groups. Reset all filters ## Provenance and declared absence Disclosure model: module cards load OPEN; standing positions render in full; sub-briefs and jurisdiction briefs load as a clamped teaser with an explicit “read full” control carrying the true word count; earlier updates stay collapsed behind a counted summary. No text is hidden without disclosing how much of it there is. Sentinel-fed modules receive no special rendering treatment. sentinel_feed is an attribution chip only: it does not suppress content, does not generate an absence reason code, and does not exclude the module from any count, filter, search index or export on this page. Family taxonomy is renderer-level presentation config, not a JID field. Colour is always duplicated in text and is never the sole carrier of meaning. Suppressed by doctrine: derived risk score; per-module RAG traffic light. Not shown on this page. Band honesty: uncertainty bands are computed against a frozen build clock of 2026-10-26. A year-precision row is never promoted into a tighter band. Orphan deltas: 0 cycle_delta row(s) target non-module objects and are listed in the rail rather than attached to a card. Envelope: baseline resolved at jurisdiction_json.baseline ; 14 module(s), 69 finding(s), 73 source(s) in the cumulative register. Audit trail Machine check Challenged on 24 Oct 2026: nothing tested (no claim on this page was eligible for an automated test). An automated, adversarial test run by a second model; no person has assessed the result. Think something on this page is wrong? [Report an error](/legal/#contact).