Crown Prince and Prime Minister Chairs Meeting on FATF Observations and Requirements

His Highness Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, Prime Minister, chaired a meeting today regarding the observations and requirements of the Financial Action Task Force (FATF). During the meeting, the latest developments concerning the addressing of FATF observations were reviewed, alongside follow-up on the implementation of related requirements, as well as discussions on mechanisms to unify national efforts and accelerate progress within specified timelines, reflecting the State of Kuwait’s commitment to meeting international standards and enhancing the efficiency of its system in combating money laundering and terrorist financing.

Attendees included Minister of Justice Nasser Youssef Al-Samit, Minister of Electricity, Water and Renewable Energy Dr. Subhi Abdulaziz Al-Muhammadi, Minister of State for Economic Affairs and Investment and Acting Minister of Commerce and Industry Abdulaziz Nasser Al-Marzouq, Minister of Finance Dr. Yaqoub Al-Sayed Yousef Al-Rafai, Advisor to the Prime Minister’s Diwan Sheikh Dr. Bassel Hamoud Malik Al-Sabah, Director General of the Direct Investment Promotion Authority Sheikh Dr. Meshal Jaber Al-Ahmad Al-Sabah, Governor of the Central Bank of Kuwait Bassel Ahmad Al-Haroun, and several representatives from relevant specialized authorities.