The Middle East and North Africa Financial Action Task Force (MENAFATF), in cooperation with the World Gold Council (WGC), held a workshop focused on how the gold sector can be misused for money laundering and terrorist financing, and on measures to strengthen integrity and transparency across the sector. Nearly 200 participants attended, including representatives from financial intelligence units, judicial authorities, law enforcement agencies, and supervisory bodies from member countries. The programme covered key risks and best practices, alongside regulatory challenges, the need to strengthen legal and institutional frameworks, and the role of public-private partnerships. The workshop concluded with a call to enhance regional and international cooperation and exchange experiences to help protect the 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 and World Gold Council convene workshop on misuse of the gold sector for money laundering and terrorist financing
The Middle East and North Africa Financial Action Task Force, in collaboration with the World Gold Council, conducted a workshop addressing the misuse of the gold sector for money laundering and terrorist financing, emphasizing the need for enhanced integrity, transparency, and cooperation. The event highlighted key risks, best practices, and the importance of strengthening legal frameworks and public-private partnerships.