The International Country Risk Guide (ICRG) in conjunction with the Financial Action Task Force (FATF) have issued a decision to remove Libya from the list of follow-up countries with regard to its ability to implement standards and obligations to combat money-laundering and terrorist financing offences, according to the Central Bank of Libya (CBL).
The CBL praised the achievement, saying that it would positively reflect on the reputation of the Libyan state and enhance the confidence of international financial and economic banking institutions.
The CBL congratulated everyone on this decision and thanked all those who contributed to the achievement including CBL staff, departments and advisers. It also thanked the President of the Presidential Council and the Minister of Justice.
Economy
