2018-09-26
On 26th September 2018, Cambodia Financial Intelligence Unit (CAFIU) and the Anti-Money Laundering Council (AMLC), The Financial Intelligence Unit of the Republic of the Philippines signed a Memorandum of Understanding (MOU) concerning cooperation in the exchange of Financial intelligence related to Money Laundering, Terrorism Financing and Financing of Criminal Activities related to Terrorism during 25th Egmont Plenary in Sydney, Australia presided over by Her Excellency Say Sam Ath, Assistant Governor and Secretary General/Head Cambodia Financial Intelligence Unit and Mr. Mel Georgie B. Racela, Executive Director Anti-Money Laundering Council Secretariat. This MOU is in line with the frameworks of respective national laws to join international community in the fight against money laundering and terrorism financing, and it also sets out a clear mechanism of information exchange between both authorities to trace, prevent and eliminate money laundering and terrorist financing offences.
