Crown Prince Chairs Meeting on FATF Observations and Requirements

His Highness Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, Prime Minister, chaired a meeting today on the Financial Action Task Force (FATF) observations and requirements. During the meeting, the latest developments regarding the addressing of FATF observations were reviewed, alongside follow-up on the implementation of related requirements, as well as 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 Minister of Justice Nasser Yousef 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. Mubarak Jaber Al-Ahmad Al-Sabah; Governor of the Central Bank of Kuwait Bassel Ahmad Al-Haroon; and representatives of relevant concerned authorities.