An awareness course on anti-money laundering and countering the financing of terrorism (AML/CFT) started on Saturday in Sana’a, organized by the National Committee for Combating Money Laundering and Terrorism Financing.

The three-day course aims to provide 37 participants from the Presidency, Parliament, the Council of Ministers, the Shura Council, the Ministries of Finance and Foreign Affairs, and a number of government agencies with skills and knowledge about money laundering and terrorist financing crimes, their various stages, methods, and associated international, national, and legal terms, and the legal nature of money laundering and terrorism financing crimes.

The participants will also be introduced to international conventions and standards related to combating money laundering and terrorism financing, the risks and effects of money laundering and terrorist financing operations, financial institutions and designated non-financial professions, the control and supervision authorities, their definitions, duties, and obligations, and procedures to combat money laundering and terrorism financing.

Source: Yemen News Agency