On April 19, the Legal Standing Committee members N. Uchral, L. Bold and N. Oyundary met with IMF’s Asia Pacific Region AML/CFT Advisor Clive Scott regarding Parliament’s discussion on amendments to money-laundering and terrorism financing laws.
During the meeting, both sides discussed and reiterated that recommendations on anti-money laundering and combating the financing of terrorism were reflected in draft amendments.It was emphasized that failure to follow these recommendations may result in either delay or suspension for the Extended Fund Facility program.
On April 19, the Legal Standing Committee members N. Uchral, L. Bold and N. Oyundary met with IMF’s Asia Pacific Region AML/CFT Advisor Clive Scott regarding Parliament’s discussion on amendments to money-laundering and terrorism financing laws.
During the meeting, both sides discussed and reiterated that recommendations on anti-money laundering and combating the financing of terrorism were reflected in draft amendments.It was emphasized that failure to follow these recommendations may result in either delay or suspension for the Extended Fund Facility program.