Finance Minister: Addressing Money Laundering is a collective effort
Kuwait is hosting a "Applications and Capacity Building" workshop for the Minafeṭef Group, aimed at enhancing the capabilities of those working in anti-money laundering and counter-terrorism financing. The workshop emphasizes the importance of regional and international cooperation in developing regulatory systems and risk analysis, especially as criminals adopt increasingly sophisticated methods such as digital platform fraud and virtual assets. This initiative is part of Kuwait's efforts to support its commitment to strengthening the efficiency of financial institutions and supervisory authorities in combating these crimes, with a focus on enhancing coordination and the exchange of expertise to achieve the highest level of readiness and compliance.
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