Qatar Participates in GCC Anti-Money Laundering and Terrorist Financing Working Group Meeting

Doha, October 11 (QNA) - The State of Qatar participated Tuesday in the 21st meeting of the Anti-Money Laundering and Terrorist Financing Working Group in GCC countries, held virtually, amid participation of representatives of GCC national anti-money laundering and terrorism financing committees, financial intelligence units, and the GCC General Secretariat. Executive Secretary of the National Anti-Money Laundering and Terrorism Financing Committee (NAMLC) Essa Mohammed Al Hardan represented the State of Qatar in the meeting. During the meeting, the working group was briefed on the decisions of the GCC Committee of Central Banks Governors' 79th meeting on combating money laundering and terrorism financing. The participants also discussed the most notable topics on the agenda of the first general meeting of the 33rd session of the Financial Action Task Force (FATF) and its working group meetings scheduled for Oct. 18-21. In this respect, they agreed on the technical issues to be discussed, in addition to developments in the preparation of technical working papers for the year 2023. They were also briefed on developments regarding the preparatory course on preparing nominees for mutual evaluations from GCC countries, holding workshops on anti-money laundering and terrorism financing and aspects of cooperation with international groups, discussing experiences and challenges in digital transformation, and the most important developments in combating money laundering and terrorism financing in GCC countries. (QNA)