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.
DOHA: A meeting of Financial Action Task Force (FATF) on anti-money
laundering and countering terrorism funding kicked off here yesterday.
A three day event is held in collaboration with FATF and Middle East and North
Africa Financial Action Task Force (MENAFATF).
The meeting will provide an opportunity to representatives of member countries
of MENAFATF to share information and experiences with delegations of FATF in
the workshops to be held on the sideline of the summit, Qatar News Agency (QNA)
“Qatar is keen to join the International Community to curb the crimes of money
laundering and terrorism funding,” said Sheikh Fahad bin Faisal Al Thani,
Deputy Governor of Qatar Central Bank (QCB) and Chairman of National Anti-Money
Laundering and Terrorism Financing Committee.
Speaking in the opening ceremony of the event, Sheikh Fahad said that
partnership of Qatar with International Monetary Fund to upgrade its system to
fight against money laundering and terrorist funding, he added.