ID :
11691
Sun, 07/06/2008 - 21:18
Auther :
Shortlink :
http://m.oananews.org//node/11691
The shortlink copeid
HIGH-RANKING OFFICIALS OF FINANCIAL INTELLIGENCE TO GATHER IN BALI
Denpasar, Bali, July 6 (ANTARA) - Indonesia will host the 11th Annual Meeting and 7th Annual Technical Assistance and Training Forum of the Asia Pacific Group on Money Laundering (APG) on July 7-11, 2008 at International Convention Centre hotel in Bali.
The grand meeting would be participated in by high ranking officials of the financial intelligence unit (FUI) of some APG member countries, according to the press release made available by the event's organizing committee to Antara here on Sunday.
At least 260 senior officials in charge of financial affairs from the Asia Pacific region will predictably attend the meeting.
The meeting will be highlighted by a high level discussion forum and an effort to intensify cooperation in fighting and preventing money laundering practices and terrorist activity's funding.
In addition, the progress recorded by APG member countries with the exception of Indonesia will be evaluated in order to know the implementation of international standard in money laundering.
APG is currently chaired by Yunus Husein of the Center for Financial Transaction Report and Analysis together with Australian Police Commissioner Mick Keelty.
The annual meeting on money laundering is scheduled to be opened by Coordinating Minister for Political, Legal and Security Affairs Widodo AS on July 8, 2008.
Based on data from the International Monetary Fund (IMF), it was estimated that 2 up 5 percent of the annual gross domestic product in the world was the yields of money laundering practices procured from drug transaction, human and firearms trafficking, bribery, abduction and theft.
The grand meeting would be participated in by high ranking officials of the financial intelligence unit (FUI) of some APG member countries, according to the press release made available by the event's organizing committee to Antara here on Sunday.
At least 260 senior officials in charge of financial affairs from the Asia Pacific region will predictably attend the meeting.
The meeting will be highlighted by a high level discussion forum and an effort to intensify cooperation in fighting and preventing money laundering practices and terrorist activity's funding.
In addition, the progress recorded by APG member countries with the exception of Indonesia will be evaluated in order to know the implementation of international standard in money laundering.
APG is currently chaired by Yunus Husein of the Center for Financial Transaction Report and Analysis together with Australian Police Commissioner Mick Keelty.
The annual meeting on money laundering is scheduled to be opened by Coordinating Minister for Political, Legal and Security Affairs Widodo AS on July 8, 2008.
Based on data from the International Monetary Fund (IMF), it was estimated that 2 up 5 percent of the annual gross domestic product in the world was the yields of money laundering practices procured from drug transaction, human and firearms trafficking, bribery, abduction and theft.
