Anti Money Laundering Committee discusses Libya’s forthcoming system assessment
By Sami Zaptia.
London, 7 August 2020:
Libya’s Anti Money Laundering and Terrorist Financing National Committee met on Wednesday at the Tripoli Central Bank of Libya (CBL).
The CBL reported that the meeting was headed by Tripoli CBL Governor Siddiq El-Kabir, and in the presence of Fathi Bashagha, Tripoli Minister of Interior, Siddiq Al-Sour – Director of the Bureau of Investigations of the Attorney General’s Office, as well as representative members of the relevant state institutions.
The CBL reported that the Committee discussed ‘‘preparations for the upcoming assessments of the country’s anti-money laundering and terrorist financing system’’ and ‘‘the obligations of state institutions in this regard’’.
Local anti-corruption coordination and cooperation mechanisms were also discussed because of their close association with money-laundering offences, and the meeting concluded that a working group had been formed between the Ministry of the Interior, the Attorney General’s Office and the Libyan Financial Information Unit for this purpose.