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MENAFATF Typologies and Capacity Building Workshop in Khartoum, Republic of Sudan 28/Dec/2015

MENAFATF Typologies and Capacity Building Workshop in Khartoum, Republic of Sudan

Mrs. Noora Mubarak Bahar from Qatar Financial Intelligence Unit (QFIU) participated in the Middle East and North Africa Financial Action Task Force (MENAFATF) Typologies and Capacity Building Workshop which was hosted by the Sudan National Anti-Money Laundering and Terrorism Financing Committee and the FIU in Khartoum, Republic of Sudan from 14 to 16 December 2015.
The workshop, which is an important opportunity for the exchange of experiences and best practices among all participating countries’ experts and representatives from regional and international organizations, included 2 Typologies sessions on "Money Laundering and Corruption" and "Terrorist Financing".

The session of “Money Laundering and Corruption”, which was presided over by Mrs. Noora Bahar in her capacity as co-chair, addressed the relation of the corruption crime with ML offense as well as the most important methods and techniques used in laundering the funds which are the proceeds of corruption crime as well as identifying suspicion indicators that may reinforce the combating efforts for the competent authorities. As to the “Terrorist Financing” session, the participants reviewed several case studies followed by discussions which highlighted the most important sources of funding, the methods of transporting funds and the misused entities, as well as the most important and inherent challenges.

The workshop included as well three sessions on building capacities which addressed “The National Risk Assessment (NRA) and the Role of Financial Institutions", "the Role of Financial Institutions in encountering Terrorist Financing" and "the Role of Financial Institutions in combating Corruption". These sessions, during which Mrs. Noora Bahar submitted a presentation on “Politically Exposed Persons”, focused on the importance of the Financial Institutions’ role in combating the crimes of laundering the proceeds of corruption and terrorism financing; the financial sector being the most misused sector in such crimes; they highlighted also the importance for those institutions to comply with the international standards and requirements.


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AML Laws

Law No.(4) of 2010, Combating Money Laundering and Terrorism Financing.
Law No.(3) of 2004, Combatting Terrorism.
Law No.(11) of 2004, Penal Code Of Qatar.
Law No.(23) of 2004, Code Of Criminal Procedures.

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