Palestine and Israel Talks
Palestine discussed with the Middle East and North Africa Financial Action Task Force (MENAFATF) the strengthening of the anti-money laundering and counter-terrorism financing system, with the aim of developing the legislative and institutional frameworks and enhancing compliance with international standards. This comes amidst challenges, including threats to sever banking relations. Palestine reaffirmed its commitment to implementing the group's recommendations, presented progress in updating the national risk assessment, and outlined a reform plan involving 126 measures. The country emphasized the importance of international community support to assist in protecting its financial system and enhancing its effectiveness.
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