Almotamar.net - Delegation of Financial Working Group for the Middle East and North Africa of fighting Money Laundering and Financing Terror lauded the Yemeni efforts exerted in the field of fighting money laundering and financing terror.

Meeting with Governor of the Central Bank of Yemen Abdulrahman al-Samawi Saturday the delegation praised the positive cooperation by the concerned parties in replying the questionnaire and attached documents for assessment of their efforts in this regard as well as the facilities and cooperation the delegation felt during the visit.

The delegation indicated that the aim of the establishment of the group that considers Yemen of the founding countries is to help the countries joined to it in the area of money laundering, exchange of expertise and benefit from advanced experiments of some countries.

On his part the governor of the CBY affirmed that Yemen has transparent financial system and a package of practical measures and legislations for combating money laundering and financing terror, hi pointed out that Yemen accomplished many of plans in this field through seeking help of many countries. Al-Samawi reaffirmed that Yemen was not the safe and developed place for money laundering operations and reviewed monitoring and organisational measures and legislations in Yemen for fighting money laundering which received admiration of the International Monetary fund and the US Treasury Department. He said Yemen was among the first countries that issued a law for combating money laundering and funding terror.