On Wednesday, September 3, 2025, the third regular meeting of the National Committee for Combating Money Laundering and Terrorism Financing was held in Tripoli, chaired by H.E. Naji Mohammed Issa Governor of the Central Bank of Libya and Chairman of the Committee, with the participation of representatives from relevant national entities and institutions.

The meeting focused on following up on the implementation of the Committee’s previous decisions and initiatives, as well as discussing the questionnaire related to the periodic update model in preparation for the upcoming mutual evaluation process. It also reviewed the timetable for the third round of evaluations to be conducted on the State of Libya by the Middle East and North Africa Financial Action Task Force (MENAFATF).

The participants further reviewed the latest developments concerning the adoption of the draft Anti-Money Laundering and Counter Terrorism Financing Law, currently submitted to the legislative authority This draft law is regarded as a cornerstone for enhancing compliance with international standards and represents a crucial requirement in the country’s evaluation process.

The intensification of these meetings comes as part of the national efforts to address the serious risks associated with any potential shortcomings in the mutual evaluation process, which could have severe negative repercussions on Libya’s economic and financial security.