Central Bank: The National Committee for Combating Money Laundering and Terrorism Financing holds its annual meeting and discusses the risks arising from the delay in adopting the law.
Pulbished on:
Tripoli, October 7, 2025 (LANA) – The National Committee for Combating Money Laundering and Terrorism Financing for the year 2025 at the Central Bank of Libya (CBL) held its regular meeting today, Tuesday, chaired by the Governor of the CBL and Chairman of the Committee, Mr. Naji Mohammed Issa, and attended by committee members representing relevant national authorities.
The CBL stated, via its official page, that the meeting discussed the increasing risks resulting from the failure to adopt the Anti-Money Laundering and Terrorism Financing Law.
It explained that the meeting addressed the most important developments in the implementation of the National Strategy for Combating Money Laundering and Terrorism Financing, in addition to following up on the formation of several specialized working groups in various fields within the AML/CFT system. This is aimed at enhancing national coordination and developing the capacities of relevant authorities, in line with relevant international standards.
The meeting also witnessed the formation of a national team to initiate a national risk assessment. This aims to identify potential vulnerabilities and threats, and develop policies and procedures based on a thorough risk assessment, in order to protect the national economy and ensure the stability of the financial system.
...(LANA)...