The Middle East and North Africa Financial Action Task Force (MENAFATF), in cooperation with the World Gold Council (WGC), held a workshop focused on the misuse of the gold sector for money laundering and terrorist financing. Nearly 200 participants attended, including representatives from financial intelligence units, judicial authorities, law enforcement agencies, and supervisory bodies from member countries. The sessions covered key gold-sector misuse risks, best practices to strengthen integrity and transparency, regulatory challenges, the need to reinforce legal and institutional frameworks, and the role of public-private partnerships. The workshop concluded by highlighting the importance of enhanced regional and international cooperation and experience-sharing to protect the gold sector from illicit misuse.
Middle East and North Africa Financial Action Task Force (MENAFATF) 2025-09-29
Middle East and North Africa Financial Action Task Force holds workshop with the World Gold Council on gold sector money laundering and terrorist financing risks
The Middle East and North Africa Financial Action Task Force, with the World Gold Council, held a workshop on gold sector misuse for money laundering and terrorist financing, stressing enhanced regional and international cooperation. Nearly 200 participants from various authorities discussed risks, best practices, regulatory challenges, and public-private partnerships.