Director General of the Financial Intelligence Unit (FIU), Edwin W. Harris
The Director General of the Financial Intelligence Unit (FIU), Edwin W. Harris, wants every lawyer and legal institution to file all suspicious transaction reports, when they have reasonable belief that sources of proceed of clients are derived from the proceed of crimes to the FIU, in compliance with the Anti-money laundering and countering terrorist financing laws in Liberia.
“Buying and selling of real estate, managing money, organization of companies are amongst transactions, that lawyers need to file Suspicious transaction reports, in keeping with Financial Action Taskforce (FATF) recommendation 22.”
Speaking at the Law Day program organized by the Liberia National Bar Association on Friday, May 7, 2021, Mr. Harris elaborated that adherence to the AML/ CFT laws is a global requirement for every actor to follow, with lawyers being of no exception.
Liberia Finalizes National Risk Assessment Report on AML/CTF liberianobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from liberianobserver.com Daily Mail and Mail on Sunday newspapers.
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MONROVIA – Two of Liberia’s main development partners, the United States of America and the European Union along with the Intergovernmental Action Group Against Money laundering (GIABA), have provided caution to Liberia to uphold professional standards in the fight against money laundering and countering terrorist financing .
In separate remarks at the start of a two day National Risk Assessment (NRA) workshop in Monrovia on Thursday, April 29, 2021, the Political and Economic Counselor of the United States of America, Joel A. Kopp proposed that concrete steps need to be applied by Liberia to robustly combat money laundering and countering terrorist financing.
Development partners tell FIUL
Two of Liberia’s main development partners, the United States of America and the European Union along with the Intergovernmental Action Group Against Money-laundering (GIABA), have provided caution to Liberia to uphold professional standards in the fight against money laundering and countering terrorist financing.
In separate remarks at the start of a two day National Risk Assessment (NRA) workshop in Monrovia on Thursday, April 29, 2021, the Political and Economic Counselor of the United States of America, Joel A. Kopp proposed that concrete steps need to be applied by Liberia to robustly combat money laundering and countering terrorist financing.
FIU Validates Final NRA on Money Laundering, Terrorist Financing on Liberia Today liberianobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from liberianobserver.com Daily Mail and Mail on Sunday newspapers.