Signing of financial information exchange agreement with Bank of Negara

In accordance with article 31 of Anti-money Laundering and Proceeds of Crime Law of Afghanistan, DAB has signed the memorandum of understanding (MoU) with financial intelligence unit of Bank Negara Malaysia concerning cooperation in the exchange of information on money laundering, terrorism financing and other associated predicate offences.

This Memorandum of Understanding was signed during the APG annual meeting in the capital of Australia, Canberra city on 19th August, 2019.

The purpose of this agreement is to establish a framework for cooperation, to facilitate the exchange of information on combating money laundering and terrorist financing and other associated predicate offences.

Based on this Memorandum, the Financial Transactions Analysis Center of the Bank of Afghanistan Bank and the Financial Intelligence Unit of Bank Negara Malaysia are committed to collecting, analyzing and facilitating the exchange of financial information either on its own or at the request of the parties for Investigations related to money laundering, terrorism financing and other related crimes.

It is mentionable that the FIU has already signed a number of (MoU) with so other countries, co-operation agreements on the exchange of financial information related to money laundering, terrorism financing and other major offenses.