The fourth regular meeting of the National Anti-Money Laundering and Counter-Terrorism Financing Committee for 2025 was held this morning, Tuesday, October 7, 2025, chaired by the Governor of the Central Bank of Libya and Chairman of the Committee, Naji Mohammed Issa, and attended by committee members representing relevant national authorities.
The meeting addressed the increasing risks resulting from the failure to pass the Anti-Money Laundering and Counter-Terrorism Financing law, and the challenges this poses at both the economic and financial levels.
The attendees reviewed the latest developments in the implementation of the National Strategy for Combating Money Laundering and Terrorism Financing, in addition to monitoring the formation of several specialized working groups within the combating framework. The aim is to enhance national coordination and develop the capabilities of concerned authorities in line with relevant international standards.
The meeting saw the formation of a national team to launch the National Risk Assessment, with the objective of identifying vulnerabilities and potential threats, and establishing policies and procedures based on an accurate risk assessment to protect the national economy and the stability of the financial system.