With the enactment of the AML/CFT Act, 2012, which to a large extent addresses the deficiencies in the AML/CFT regime, Sierra Leone made a case at the 17th Plenary for GIABA to rescind its decision regarding the public statement issued on the country’s non-compliance with key recommendations. Whilst the new Act strengthened the legal framework for the  fight against money laundering and terrorist financing, a lot more needs to be accomplished in order to ensure that Sierra Leone comply in considerable measure with the FATF recommendations. The Seventh Follow-up report is being presented in line with the requirements of the enhanced follow-up process, and highlights key developments since the last plenary.