Customs-QFC sign pact on combating money laundering
October 16 2019 08:54 PM
HE the Chairman of General Authority of Customs, Ahmed bin Abdullah al-Jamal, and Chief Executive Of
HE the Chairman of General Authority of Customs, Ahmed bin Abdullah al-Jamal, and Chief Executive Officer of Qatar Financial Centre and board member Yousuf al-Jaida, signing the agreement.

QNA/Doha

The General Authority of Customs and Qatar Financial Centre signed a Memorandum of Understanding (MoU) to combat money laundering, predicate crimes and the financing of terrorism on Wednesday.
The MoU was signed at the headquarters of the General Authority of Customs by HE the Chairman of Customs Authority, Ahmed bin Abdullah al-Jamal, and Chief Executive Officer of Qatar Financial Centre and board member Yousuf al-Jaida.
The MoU provides for the exchange of information regarding the fight against money laundering and terrorism financing and the need to implement international conventions in this regard, in addition to achieving the goals and strategies of the co-operation and co-ordination between national authorities in the field of combating money laundering and financing of terrorism.
The MoU also provides for the co-operation of the two sides in the implementation of training courses for human resources of both parties in order to strengthen their efforts in the fight against money laundering and the financing of terrorism to achieve the desired benefit.
HE al-Jamal said that the signing of such important MoUs comes within the framework of the Authority's endeavour to provide all means of security and safety inside the country, through the customs points, stressing that the MoU is aimed at combating money laundering and the financing of terrorism and all associated financial crimes.
For his part, Chief Executive Officer of Qatar Financial Centre and board member Yousuf al-Jaida said that this co-operation reinforces the efforts of the two sides to enhance knowledge of ways of combating money laundering crimes, financing terrorism.
It is also considered as an extension of the Authority's efforts in taking the necessary measures to combat any suspicions in general in co-ordination with the competent authorities and in implementation of the recommendations of the Financial Action Task Force (FATF), and to achieve the objectives and strategies of the national co-operation and coordination between the national authorities in the field of combating money laundering and terrorism financing.



There are no comments.

LEAVE A COMMENT Your email address will not be published. Required fields are marked*
MORE NEWS

HAPPENING IN DOHAMore