Against money laundering and terrorist financing
The Financial Intelligence Unit (FIU) of Liberia has completed the first phase of a national risk assessment (NRA) against money laundering and terrorist financing (ML &TF).
The NRA, which will roll over a year, is to identify, assess and understand ML&TF’s risks and apply a risk-based approach to prevent or mitigate ML&TF.
The first phase was held from April 17-19 at the Central Bank of Liberia with representatives from 20 financial and security institutions, including the Liberia Anti-Corruption Commission (LACC), Central Bank of Liberia (CBL) and GSM companies.
The NRA is being sponsored by the African Development Bank (AfDB) with technical and financial support from the Inter-Governmental…
