Cambodia To Launch Five-year Strategy for Combating Money Laundering
AKP Phnom Penh, March 13, 2019 --
The Cambodia Financial Intelligence Unit (CAFIU) is going to launch the National Strategy for Combating Money Laundering and Financing of Terrorism 2019-2023 tomorrow.
According to a press release of the National Bank of Cambodia (NBC), this strategy will be launched under the presidency of H.E. Chea Chanto, NBC Governor and Chairman of the National Coordinating Committee on Anti-Money Laundering and Financing of Terrorism, and Mr. Clive Scott, Senior Advisor of the International Monetary Fund.
This strategy aims to serve as a comprehensive long-term roadmap to Cambodia, which enables all relevant ministries, institutions and other stakeholders to understand well their respective roles and responsibilities in contributing to strengthening the effectiveness of combating money laundering and financing of terrorism in Cambodia.
Around 400 national and international guests from ministries, institutions, national and international organisations, embassies, banking and finance institutions, and private sector will join this forthcoming event.
By Khan Sophirom