10 October 2016

Timor-Leste launches PSDI-supported anti-money laundering and counter-terrorism financing policy

Timor-Leste Minister of Justice Ivo Valente launches the AML/CFT
papers in Dili on October 7. Photo courtesy of the Office of the
 Minister of Justice Timor-Leste.
Two PSDI-supported plans that will help Timor-Leste bring its anti-money laundering and counter financing of terrorism (AML/CFT) framework in line with international standards were launched on 7 October.

The “Timor-Leste National Risk Assessment of Money Laundering and Terrorist Financing” and the “Timor-Leste National Strategic Plan for Combating Money Laundering and Terrorist Financing (2016-2020)” were launched by Minister of Justice Ivo Valente at a press conference attended by local media and government officials.

See Government of Timor-Leste news release and download the documents (English translation below Portuguese versions).