The Governor of the Central Bank of Syria and Chairman of the Anti-Money Laundering and Terrorist Financing Commission, Mohammad Safwat Raslan, held several meetings in Paris with representatives of international and European financial institutions and banks to discuss reconnecting Syria with the European banking system, developing banking relations, and strengthening cooperation channels.
اضافة اعلان
The Central Bank of Syria said a working meeting was hosted by Bank Al Khaliji France S.A., with representatives from several banks, including First Abu Dhabi Bank (FAB), Banque de France, and Fransabank. Discussions focused on restoring banking relations, expanding the correspondent banking network, facilitating trade finance, and developing international payment and money-transfer channels.
The visit also included a meeting with the French-Syrian Business Council (CAFSY), as well as talks with France’s Financial Intelligence Unit, Tracfin, and Natixis Bank, to explore prospects for economic and banking cooperation, according to the Syrian Arab News Agency (SANA).
The meetings also addressed efforts by Syria’s Anti-Money Laundering and Terrorist Financing Commission to develop the national framework and strengthen financial transparency and integrity in a way that supports international confidence and the integration of Syrian banks into the global banking network.
Syria also participated in the Financial Action Task Force (FATF) plenary meeting in Paris, chaired by the United Kingdom, following an absence of more than 15 years. The meeting brought together representatives from more than 200 jurisdictions and international organizations to discuss evolving threats to financial integrity and global security and coordinate international efforts to combat illicit financial flows.
Participants in the FATF plenary agreed on global measures to address emerging financial crime threats, including growing risks associated with virtual assets and fraud centers.
During the plenary meeting, the Governor of the Central Bank of Syria reaffirmed Syria’s full commitment to building a stronger, more transparent, and resilient financial system, turning reforms into practical and effective measures, strengthening compliance with anti-money laundering and counter-terrorist financing standards, and upgrading the Syrian banking sector in line with international standards.
