NAMLC held its ordinary monthly meeting and discussed important issues

  • February 5 - ,
  • MINISTRY OF FINANCE

On February 5th, 2024, NAMLC held its ordinary monthly meeting and discussed important issues to strengthen the AML/CFT regime, including
1. The mutual evaluation process; 2. Amendment of the AMLCFT Act;
3. Implementation of the Targeted Financial Sanctions Act,
4. Implementing the NAMLC resolutions on transaction limitations on MMOs and other financial institutions.
Members agreed to enhance cooperation, coordinate enforcement of its decisions, and timely responses to the mutual evaluation questionnaires by national institutions.