Wednesday 20 / November / 2024
Riyadh: The Sultanate of Oman, represented by the National Committee for Combating Money Laundering and Financing of Terrorism and the National Committee for Combating Terrorism, is participating in the 39th General Meeting of the Middle East and North Africa Financial Action Task Force (MENAFATF), held in the Saudi capital, Riyadh, from 16 to 21 November 2024.
Oman’s delegation is chaired by Tahir Salim Al Amri, Executive President of the Central Bank of Oman (CBO) and Chairman of the National Committee for Combating Money Laundering and Financing of Terrorism.
During the General Meeting of the Group, the Mutual Evaluation Report on the Anti-Money Laundering and Counter-Terrorism Financing Systems for the Sultanate of Oman was reviewed and approved.
The General Meeting praised the high results achieved by the Mutual Evaluation Report for the Sultanate of Oman in adhering to the international standards issued by the Financial Action Task Force (FATF), stressing that the Mutual Evaluation Report for the Combating Systems in the Sultanate of Oman is the best in the Middle East and North Africa region.
The mutual evaluation process is a joint process between the Financial Action Task Force (FATF) and the Middle East and North Africa Financial Action Task Force (MENAFATF).
The mutual evaluation report on the anti-money laundering and counter-terrorist financing systems of the Sultanate of Oman was previously discussed at the FATF General Meeting held from 21 to 25 October 2024 in Paris, France.
