Kuwait’s Anti‑Money Laundering Committee Convenes to Boost Inter‑Agency Coordination

Meeting Overview

Kuwait’s National Committee for Combating Money Laundering and Terrorist Financing gathered on Wednesday under the leadership of its chairman and head of the Financial Intelligence Unit, Dr. Hamad Al‑Makrad.

The gathering forms part of broader Gulf‑wide initiatives to tighten anti‑money‑laundering controls.

Discussion Points

The session focused on evaluating ongoing national initiatives designed to bolster the domestic anti‑money‑laundering and counter‑terrorist financing (AML/CFT) framework and enhance cross‑institutional synergy among competent government authorities.

Dr. Al‑Makrad stated in a press release to KUNA that committee members and participating entities reviewed key operational milestones outlined in the national strategy, alongside evaluating recent regulatory and field developments in the AML/CFT domain.

He added that those present at the meeting examined mechanisms to optimize information exchange and expertise sharing across state bodies, aiming to raise operational efficacy and reinforce compliance with international standards and requirements.

Committee’s Commitment

Highlighting the necessity of sustained joint action, Dr. Al‑Makrad underscored that developing systems remains essential to advancing national strategic priorities and maintaining the integrity of Kuwait’s financial ecosystem.

He reaffirmed the committee’s commitment to modernizing institutional cooperation frameworks in line with established protocols, ensuring national defenses remain adaptable and responsive to evolving illicit finance.

— KUNA