Commerce Ministry boosts AML awareness for trustees and firms
The Qatar Ministry of Commerce and Industry organized a dialogue workshop titled "Meetings of Custodial Fund Service Providers and Companies" to raise awareness of the requirements for combating money laundering, terrorist financing, and the proliferation financing of weapons. The ministry emphasized that developing this sector is important due to its role in establishing and managing legal frameworks and ownership arrangements, which contribute to enhancing transparency and protecting the national economy. The forum discussed practical challenges and solutions with the aim of increasing compliance and effectiveness, especially ahead of the upcoming mutual evaluation, in support of Qatar’s vision to build a strong and transparent economy.
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