Amman, Sept. 13 (Petra) — Jordan has taken advanced, internationally
recognized steps in combating money laundering and terrorist
financing, directly bolstering the stability of its financial system
and strengthening the appeal of its business and investment
environment, Senate Speaker Faisal Al-Fayez said Sunday.

Al-Fayez said Jordan’s efforts in this field go beyond domestic
measures, describing them as an active partnership with the
international system that reflects the Kingdom’s compliance with the
highest global standards.

His remarks came during a meeting at the Senate with Hamid Al Zaabi,
President of the Middle East and North Africa Financial Action Task
Force (MENAFATF), and an accompanying delegation.

The MENAFATF president and delegation members praised Jordan’s
measures against money laundering and terrorist financing, crediting
the kingdom’s legislation and institutional work for its removal from
the gray list.

They affirmed the group’s commitment to cooperating with Jordan and
providing the support needed to help the Kingdom continue confronting
money-laundering and terrorist-financing challenges, particularly
amid technological advances and the rise in financial crimes linked
to them.

//Petra// NQ