The SIC, Lebanon's Financial Intelligence Unit (FIU), receives, analyzes, investigates suspicious transaction reports (STRs) and ensures compliance of banks, financial institutions and other reporting entities with the AML/CFT regulations.
Manama (BNA): His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has reviewed the security situation in the kingdom following the high-profile security meeting he chaired, in the presence of the representatives of various security agencies.
At the cabinet session, HRH Premier was briefed by the Interior Minister about the recent terror incidents, including the Karranah terror blast that led to the martyrdom of a policeman, and the injury of several security personnel and civilians.
The cabinet followed-up on the security measures taken to deal with terrorists and was assured about their efficiency and ability to contain developments, reassure the citizens and residents about their safety and property and ensure that the security situation is always under control, Secretary-General of the Cabinet Dr. Yaser bin Essa Al-Nasser said in a statement following the session held at the Gudaibiya Palace and chaired by HRH the Premier.
The session also discussed the ratification of a number of Arab conventions. They include the Arab Convention for Combating Money Laundering and Terrorism Financing, the Arab Anti-Corruption Convention, the Arab Convention against Transnational Organized Crime, the Arab Convention for the Transfer of Inmates at Penal and Correctional Institutions within the framework of implementing the penal codes and the Arab Convention to Combat Cyber Crimes.
They also include the ratification of the amendment to third paragraph of Article One of the Arab Convention on Combating Terrorism regarding the definition of the "Terror Crime".
The Ministerial Committee for Legal Affairs was requested to study the legal procedures required for ratifying the conventions highlighted in the memorandum presented by the Justice, Islamic Affairs and Endowments Minister.
Another memorandum presented by the same minister on modifying the list of narcotic drugs and psychotropic substances, based on Law 15/2007, was approved and referred to the relevant sides to take the necessary procedures.