As part of the ongoing efforts led by the Libyan National Committee for Combating Money Laundering and Terrorism Financing (AML/CFT) to strengthen the national AML/CFT framework, and under the sponsorship of the Governor H.E. Naji Mohammed Issa, in his capacity as Chair of the National AML/CFT Committee, the Libyan Financial Information Unit officially launches the national AML/CFT system, goAML.

The goAML platform, enables financial institutions and other reporting entities to submit suspicious transaction reports securely and electronically, while enhancing strategic analysis capabilities and cooperation with law enforcement and prosecution authorities and improves feedback mechanism across national entities.

This milestone underscores Libya’s dedication to aligning with FATF standards and marks a significant step toward enhancing transparency, safeguarding confidentiality, and improving operational efficiency in the fight against financial crime.

Commercial banks have already begun integrating the platform into their operations, with reporting officers registered and actively accessing the system, paving the way for its full-scale implementation in the monitoring and analysis of suspicious transactions.