Prime Minister chairs meeting on FATF observations and requirements
The Prime Minister chaired a meeting to address Financial Action Task Force (FATF) observations and enhance the efficiency of the anti-money laundering and counter-terrorism financing system.
Translated by Qiyas from سرمد — Original source
His Highness Sheikh Ahmad Abdullah Al-Jaber 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 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 timelines, 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 the Minister of Justice, Nasser Al-Samit; the Minister of Electricity, Water and Renewable Energy, Dr. Subaih Al-Makhzoum; the Minister of State for Economic Affairs and Investment and Acting Minister of Commerce and Industry, Abdulaziz Al-Marzouq; the Minister of Finance, Dr. Yaqoub Al-Rafai; the Advisor to the Prime Minister’s Diwan, Sheikh Dr. Bassel Al-Sabah; the Director General of the Direct Investment Promotion Authority, Sheikh Dr. Meshal Jaber Al-Ahmad; the Governor of the Central Bank of Kuwait, Bassel Al-Haroun; and several representatives from relevant concerned authorities.
