FinTRACA - Financial Transactions and Reports Analysis Center of Afghanistan


Annual Report 2017
Annual Report 2016





Memorandum of Understanding between Financial Transactions and Reports Analysis Center of Afghanistan and Australian Transaction Reports and Analysis Centre


The Financial Transactions and Reports Analysis Center of Afghanistan (FinTRACA) signed a Memorandum of Understanding (MOU) with the Australian Transaction Reports and Analysis Center (AUSTRAC) at Australian Embassy in Kabul, Afghanistan.

According to the MOU, both FIUs agreed to cooperate in the exchange of financial intelligence that may assist in the investigation and prosecution of persons suspected of money laundering and terrorism financing. This marks the strong commitment of both agencies in the global fight against money laundering, terrorism financing and other predicate offences.

The signing of MOU with other Financial Intelligence Units is in line with the Principles of Information Exchange of the Egmont Group, the global organization of international Financial Intelligence Units.
In addition, the signing of MOU is an important step towards complying with international standards on anti-money laundering and combating the financing of terrorism, in particular the Financial Action Task Force (FATF) Recommendation 29.

Meanwhile, Article # 31 of the Anti-money Laundering and Proceeds of Crime Law of Afghanistan, authorizes FinTRACA to spontaneously or upon request, shares information with any counterpart agency that perform similar functions and is subject to similarly secrecy obligations with respect to the information it receives based upon reciprocity or mutual agreement.

FinTRACA marked its 17th MOU with counterpart FIUs so far. To see the list of International MOUs, please visit FinTRACA website at www.fintraca.gov.af/InternationalMOUs.html

 

Memorandum of understanding between financial transactions and reports analysis center of Afghanistan and Australian transaction reports analysis centre Memorandum of understanding between financial transactions and reports analysis center of Afghanistan and Australian transaction reports analysis centre