Financial Transactions and Reports Analysis Center of Afghanistan (FinTRACA) coordinated the 8th meeting of the High-Level Coordination Commission (HLCC) on 20th of Aug, 2024. The HLCC meeting was held in Supreme Council Hall of Da Afghanistan Bank and chaired by the Acting Governor of Da Afghanistan Bank and attended by high-ranking representatives of the Supreme Court, Ministry of Foreign Affairs, Ministry of Interior Affairs, Ministry of Finance, Ministry of Justice, General Directorate of Intelligence, And the Chief of the Department of Prosecution and Supervision of Orders and Decrees.
At the outset, Mr. Noor Ahmad Agha the head of the commission warmly welcomed the participants and acknowledged the significance of the meeting that combating money laundering and other financial crimes as one of the priorities of the concerned governmental agencies and financial supervision agencies of the country and this will help for the stability of the financial and economic system of the country as well as in the long term it effects to reduces the crimes.
Mr. Noor Ahmad Agha highlighted the importance of cooperation and coordination between law enforcement agencies (LEA) and other relevant authorities in effective combating money laundering, other proceed of crime and unlawful gains from drug trade.
Subsequently, the members of the meeting, exchanged their views regarding how to combat money laundering and proceeds from crimes and the challenges faced, also discussed the achievements of the last year and about future plans.
Notably, during the meeting, a detailed presentation presented by Financial Transection and Reports Analysis Center of Afghanistan FinTRACA to the members of the meeting regarding the measures taken in the fight against money laundering and proceeds from crimes, achievements, challenges and Afghanistan's membership in regional and international related organizations. Also, it is worth mentioning that in past three years, FinTRACA has been applied effectively the global accepted standards to combat money laundering and proceeds from crimes.
At the conclusion all participants agencies reaffirmed their fully commitments for bilateral cooperation and coordination to tackle ML/TF in an effective way in order to prevent criminal activities in the country's economy.
