The Financial Action Task Force FATF removed Libya from the Check list

On the 20th of February 2018 a major achievement happened as the resolution of the international country risk Guide of financial action task force was published , as Libya was included in the list of states subjected to be followed up concerning it’s ability to apply the standards and obligations to combat money laundering and terrorist financing offenses.

The step of FATF means that Libya comply’s all the requirements and obligations to combat money laundering and terrorist financing crimes according to the international standards which positively reflects the reputation of the Libyan state and enhances the confidence of international financial and economic institutions with in its financial and banking institutions.

The Central Bank of Libya congratulates everyone for this step and thanks everyone contributed to the completion of the staff and departments of the Central Bank and it’s consultants as he thanks the presidential council of the national accord government and the minister of Justice for their efforts and support for the national interest.