27 June 2011
Luanda — The Angolan Home Affairs Minister, Sebastião Martins, reaffirmed on Monday that the updating and adjustment of some specific internal legislation with International Community law is an evidence of the Angolan government effort to prevent the expansion of money laundering and terrorism funding.
The minister said so to Angop on Monday while addressing the opening ceremony of the seminar on “Awareness on Combating Money Laundering and Terrorism Funding”.
He said that the participation of Angolan delegations in international forums and updating of internal regulations are also among the actions of the Angolan government aimed for the prevention of the referred phenomena from causing domestic and International instability.
To him, the Angolan financial system is demanding on this matter, the national regulations are clear and the government’s intention is to contribute to the prevention of money laundering and terrorism funding.
The event is being organised by the African Foundation Innovation, an organisation created by Angolans in Switzerland.
The seminar is discussing themes such as “The Impact on Economic Growth and Social Development”, “The risks, prudential and macroeconomic consequences”, “The Role of Supervision and the Financial Intelligence Unit, among other topics.
To end on Monday afternoon, the event is being attended by the Justice Minister, Guilhermina Prata, BNA governor, José de Lima Massano and director of the financial information department, Francisca de Brito.
AllAfrica – All the Time
Read the original:
Angola: Interior Minister Reaffirms Commitment to Combat Money Laundering