National committees hold meetings to combat money laundering and terrorism financing

In Yemen, the National Committee for Combating Money Laundering and Terrorism Financing, in collaboration with the Ministry of Industry and Trade, held a workshop in Aden. The event focused on the role of certified public accountants in preventing financial crimes. Minister of Industry and Trade Mohammed Al-Ashwal emphasized that combating money laundering is a national responsibility involving both public and private sectors, noting that these efforts must extend beyond banking institutions to various economic sectors.

The workshop included presentations on how the accounting profession can be used for money laundering and provided instructions for accountants based on international standards to improve compliance and financial transparency.