FinTRACA Holds 11th Compliance Coordination Committee Meeting

Kabul, Afghanistan – The Financial Transactions and Reports Analysis Center of Afghanistan held the 11th meeting of the Compliance Coordination Committee on December 30, 2025, at the Supreme Council Hall of Da Afghanistan Bank, chaired by the Center’s Director General, Mr. Ahmad Rahimi.

The meeting was attended by officials from the Banking Supervision & Financial Services, and Risk & Compliance Departments of Da Afghanistan Bank, representatives of the Afghanistan Banking Association (ABA), and Chief Compliance Officers of commercial banks. The meeting was held to discuss the effective implementation of anti-money laundering and financial crime laws, addressing challenges within the banking sector, and enhancing coordination among relevant institutions.

In his opening remarks, the Director General of FinTRACA and head of the mentioned committee, Mr. Ahmad Rahimi, emphasized the importance of adhering to the principles and regulations related to combating financial crimes and highlighted that close collaboration among committee members is essential to safeguarding the banking sector.

The meeting discussed important topics such as strengthening the compliance process, updating Know Your Customer (KYC) forms, improving the quality of Large Cash Transaction Reports (LCTRs) and Suspicious Transaction Reports (STRs), the reconciliation and consistency of customer information between the banking system and physical documents, addressing cases of fraud and forgery, the effective implementation of UNSCR 1267 & 1988 sanction lists along with FinTRACA Watch-List, and other important issues. The meeting ended with a joint commitment of all participants to further enhance cooperation among members and ensure the safety and integrity of the financial sector of Afghanistan.