AMMAN
— Jordan completed the implementation of all provisions outlined in the
Financial Action Task Force (FATF) action plan, which the country committed to
in October 2021.
اضافة اعلان
This
achievement comes before the September deadline set for this year, 2023,
according to the Jordan News Agency, Petra.
During
its general meeting held in Paris from the 19th to the 23rd of this month, the
FATF confirmed that Jordan has essentially fulfilled the action plan, signaling
the country's readiness to exit the grey list.
Field
visit
The
FATF has also decided to conduct a field visit to examine the measures taken by
Jordan to combat money laundering, terrorism financing, and the proliferation
of weapons of mass destruction.
The
field visit represents the final step in the FATF's procedures before
officially removing Jordan's name from the grey list.
In
its public statement, the FATF emphasized the high-level political commitment
demonstrated by the Jordanian government and commended the efforts of relevant
entities in implementing the plan's provisions, which aimed to enhance
compliance with international standards.
Local
effort
Adel
Sherkas, chairman of the National Committee for Anti-Money Laundering and
Counter-Terrorism Financing and the Central Bank Governor of Jordan,
acknowledged the collaborative efforts of multiple national entities involved
in implementing the anti-money laundering, counter-terrorism financing, and
arms proliferation system.
Measures
have been taken to strengthen the supervisory system in the financial sector
and designated non-financial businesses and professions. Efforts to raise
awareness and enhance human resources have also been undertaken.
The
FATF's statement confirmed that Jordan has aligned procedures related to legal
entities, their financial and non-profit information, and their oversight with
international standards.
The
country has ensured transparency in beneficial ownership information and
assessed risks associated with legal entities, including those governed by the
Companies Control Department, Free Zones Corporation, Associations Registry,
and Ministry of Awqaf. Jordan has also assessed risks related to money
laundering and terrorism financing in virtual assets.
Moreover,
Jordan has strengthened its legal framework for the seizure, investigation, and
prosecution of money laundering, terrorism financing, and related crimes.
The
country has also enhanced its legal and operational framework for targeted
financial sanctions in line with UN Security Council resolutions related to
terrorism and the financing of arms proliferation.
A
secretariat has been established within the Anti-Money Laundering and
Counter-Terrorism Financing Unit to monitor implementation, and a technical
committee comprising various entities has been formed to support these efforts.
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