Qatar’s Anti-Money Laundering Measures Scrutinized
A delegation from the International Committee on Money Laundering arrived in Doha Monday to discuss measures taken by the Gulf state to fight the problem, reported the official Qatari news agency (QNA).
It said that the delegation held talks with Minister of Finance, Economy and Trade Yousef Hussein Kamal.
The two sides exchanged views on a host of issues dealing with money laundering, said the agency, adding that the minister briefed the committee on the measures adopted in Qatar to fight this problem and its cooperation with other states in this respect.
He noted that “Qatar is in the process of preparing a law to combat money laundering.”
Bahrain and the UAE have endorsed laws to fight money laundering.
Lebanon and Israel have yet to endorse the law, a necessary measure to join the World Trade Organization – Albawaba.com