Combating Money Laundering: A Strategic Priority

His Highness the Prime Minister, Sheikh Ahmad Abdullah Al-Sabah, chaired a meeting regarding the observations and requirements of the Financial Action Task Force (FATF). The meeting discussed the latest developments concerning cooperation and coordination among the various relevant state authorities to ensure compliance with the anti-money laundering and counter-terrorist financing framework as a strategic priority, thereby enhancing Kuwait’s readiness and fulfillment of international requirements and standards. Attendees included the Minister of Justice, Nasser Al-Samit; the Minister of Electricity, Water and Renewable Energy, Dr. Subaih Al-Makhzoum; the Minister of Commerce and Industry, Osama Al-Boudi; the Advisor to the Diwan of the Prime Minister, Sheikh Dr. Basil Al-Sabah; the Director General of the Direct Investment Promotion Authority, Sheikh Dr. Meshal Al-Jaber; the Governor of the Central Bank of Kuwait, Basil Al-Haroun; and a number of representatives from the relevant specialized authorities.