He added that Qatar has spared no effort in recent years to develop the system for combating money laundering, financing of terrorism, and the proliferation of weapons, by updating the legislative framework, establishing and strengthening specialized institutions, and implementing intensive regulatory reforms to ensure technical compliance with international standards.
The country has also worked to develop its human and technological resources to keep pace with the pace of these reforms and achieve high levels of results expected from this system, he added.
He pointed out that the results of the 2023 mutual evaluation of Qatar and its success in building an effective anti-money laundering and terrorist financing system that achieves technical compliance with the international standards required to combat money laundering and terrorist financing crimes, in which all relevant authorities in the country participated, represented by the Ministries of Foreign Affairs, Interior, Justice and Finance, the Qatar Central Bank, the Supreme Judicial Council, the Public Prosecution and other entities.
He noted the important role played by the Public Prosecution in Qatar in combating money laundering crimes, related predicate crimes, and terrorism financing crimes, as it is the exclusive authority responsible for judicial investigation and criminal prosecution, in addition to being the authority supervising the implementation of targeted financial penalties.
He stressed that the Public Prosecution in Qatar, keen to play its important role in combating money laundering and financing terrorism, has worked to strengthen its systems and capabilities in supporting national and international efforts to combat cross-border financial crime and confront the new challenges created by the economic transformations witnessed by the world through the spread of financial technology and virtual currencies.
Although these tools provide opportunities for innovation and development, they are also exploited for illegal purposes. Therefore, international cooperation and the exchange of expertise and advanced technologies are essential to confront these challenges, and the role of central authorities in countries comes at the forefront of these efforts by strengthening this cooperation, direct communication, exchange of information and expertise, and cooperation in investigations and trials.
He said the Public Prosecution is keen to coordinate directly with its international and regional partners in the field of international cooperation and capacity building to implement the recommendations arising from the mutual evaluation and develop its work methods to achieve higher levels of effectiveness in its areas of competence.
In a speech, the US Ambassador noted the cooperation between the American authorities and the Public Prosecution to organise the workshop, which deals with a very important topic at the present time, which will enhance and improve efforts to combat financial crimes, and work to put an end to terrorists, criminals, terrorist organizations and any other parties.
He added that the workshop is an opportunity to exchange experiences and knowledge through important discussions, in addition to learning ways to improve capabilities, especially with the presence of a large group of experts, specialists, public prosecutors, and judges from the US and around the world.
