UFA Co-Chair Visits Malé, Maldives, 11-13 February 2014
The UFA Co-Chair, Andrew Colvin (Australia), Hari Nepal, from the Nepali FIU and Gordon Hook from the UFA Secretariat met with the Republic of Maldives’ Minister of Finance, Chairman of the National Security Committee of Parliament, Attorney General, Deputy Governor Maldives Monetary Authority and other senior officials in Malé, from 11 to 13 February 2014. The purpose of the meeting was to discuss the status of the recently submitted AML/CFT Bill in the Parliament.
The Maldives joined the UFA in 2008 and was evaluated by the IMF in 2011. The report of that evaluation was adopted by the UFA at its 2011 Annual Meeting and has been used as the basis of progress reporting by the Maldives’ authorities since. The Maldives needs to make significant improvements in its AML CFT systems and regulatory mechanisms in order to come into better compliance with the FATF standards.
During the visit the UFA delegation met with a number of other officials from the Finance Ministry, the Maldives Financial Intelligence Unit, Maldives Police, Prosecutor General’s Office and Attorney General’s Office.
Photo: UFA Delegation with the National Security Committee
L to R: MP Abdul Abubakur, MP Moosa Manik Chairman NSC, MP Mohamed Thoriq, UFA Co-Chair Andrew Colvin, Hari Nepal (FIU Nepal), Gordon Hook (UFA Secretariat), Neeza Imad (Maldives Monetary Authority)
