Crown Prince chairs meeting on FATF observations and requirements
The Crown Prince chaired a meeting to discuss the Financial Action Task Force (FATF) requirements and observations regarding anti-money laundering and counter-terrorism financing.
Translated by Qiyas from كونا — Original source
Kuwait City, 8 Oct (KUNA) – His Highness Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, Prime Minister, chaired a meeting today to discuss the Financial Action Task Force (FATF) observations and requirements. During the meeting, the latest developments regarding the addressing of FATF observations and the follow-up on the implementation of related requirements were reviewed, alongside discussions on mechanisms to harmonize national efforts and accelerate progress within the specified timeframes, reflecting the State of Kuwait’s commitment to meeting international standards and enhancing the efficiency of its anti-money laundering and counter-financing of terrorism framework.
Attendees included Justice Minister Nasser Yousef Al-Samit, Minister of Electricity, Water and Renewable Energy Dr. Subaih Abdulaziz Al-Muhammadi, Minister of State for Economic Affairs and Investment and Acting Minister of Commerce and Industry Abdulaziz Nasser Al-Marzouq, Finance Minister Dr. Yaqoub Al-Sayed Yousef Al-Rafai, Advisor to the Prime Minister’s Diwan Sheikh Dr. Basil Hamoud Malik Al-Sabah, Director General of the Direct Investment Promotion Authority Sheikh Dr. Meshal Jaber Al-Ahmad Al-Sabah, Central Bank of Kuwait Governor Basil Ahmad Al-Haroun, and representatives of relevant concerned authorities. (End) A.M.H.
