National Committee for Combating Money Laundering holds a meeting - Sarmad
The National Committee held a meeting chaired by Hamad Al-Mukarrad to follow up on the implementation of the strategic plan and enhance coordination among relevant authorities.
Translated by Qiyas from سرمد — Original source
(KUNA) — The National Committee for Combating Money Laundering and the Financing of Terrorism, chaired by Dr. Hamad Al-Mukarrad, held a meeting to follow up on national efforts aimed at strengthening the relevant system and consolidating cooperation and coordination among the concerned entities. Dr. Al-Mukarrad, who also serves as chairman of the Financial Intelligence Unit, told Kuwait News Agency (KUNA) on Wednesday that the meeting, which he chaired and which was attended by members of the committee and representatives of the concerned entities, addressed several agenda items related to monitoring the implementation of the relevant national plan and strategy. He clarified that the meeting reviewed recent developments in the field of combating money laundering and the financing of terrorism, as well as ways to enhance coordination mechanisms and the exchange of information and expertise among the concerned entities, thereby contributing to improved performance efficiency and strengthened compliance with international standards and requirements. Dr. Al-Mukarrad emphasized the importance of continuing joint efforts among the concerned entities and intensifying initiatives aimed at developing the system for combating money laundering and the financing of terrorism, in order to enhance the effectiveness of measures taken and support the achievement of national strategic objectives. He also stressed the commitment to strengthening institutional cooperation and coordination frameworks, as well as the exchange of expertise and information, in accordance with established frameworks, to keep pace with relevant developments and support the efficiency of national work in this field.
