Money laundering seminar held for NGOs

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Ministry of Foreign Affairs and International Cooperation holds “Laws on Combating the Financing of Proliferation of Weapons of Mass Destruction and Guideline Implementations” seminar on December 1. MFAIC

The Ministry of Foreign Affairs and International Cooperation has strengthened the understanding of all foreign non-governmental organisations in the Kingdom, to help Cambodia combat money laundering and the financing of the proliferation of weapons of mass destruction.

The ministry organised a December 1 seminar on “Laws on Combating the Financing of Proliferation of Weapons of Mass Destruction and Guideline Implementations”, also known as PF Law.

The seminar was presided over Luy David, ministry secretary of state, and was attended by officials from the ministry, the Ministry of Interior, the Cambodia Financial Intelligence Unit and140 representatives from foreign non-governmental organisations.

In a press release, the foreign ministry said the seminar was held to ensure the organisations understood their obligations as reporting entities, and the need to cooperate with the government and the international community by applying measures to prevent the financing of proliferation of weapons of mass destructions.

“Our speakers presented the precise details of the laws, sub-decrees, implementation procedures and legal documents which the government put into practice after the adoption of the PF Law in 2020,” said the release.

The ministry stated that the seminar was held in both English and Khmer, and provided an opportunity for Cambodians and foreigners to thoroughly discuss the implementation of the PF law and relevant regulations, as well as the implementation of “Guidelines on Procedures of Forwarding Without Delay Resolutions or Updated Consolidated List of the United Nations Security Council or its Committee”, prepared by the ministry.

“Through the presentation and thorough consultation during the workshop, the participants gained a deeper understanding of the regulations and procedures which will strengthen the effectiveness of law enforcement, and contribute to promote regional and world peace and security,” the ministry added.