Regulator Releases New Anti-Corruption Plan
The Libyan Administrative Control Authority has issued a Memorandum of Understanding with the French Cofisert Authority to enhance transparency and combat corruption. The aim is to modernize the oversight and governance systems and ensure compliance with international standards, including obtaining certifications such as ISO 37001 and AML 30001. The agreement seeks to support Libyan institutions in achieving international accreditations and improving their global image through training programs and knowledge exchange. This effort is part of the country's broader initiative to reorganize its financial and administrative institutions and boost international confidence.
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