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Accession in “Egmont Group” prevents money laundering

By   /   02/02/2017  /   Comments Off on Accession in “Egmont Group” prevents money laundering

Kosovo is the youngest member of Egmond Group of Financial Intelligence Units.

Egmont Group is an international organization with 152 financial intelligence units specialized in the fight against money laundering and funding of terrorism.

Kosovo’s Foreign Minister, Enver Hoxhaj says that this is another important achievement which affects the professional aspects of the engagement of the state and a step in strengthening international sovereignty.

“This accession has been enabled thanks to our constant engagement to become the youngest member of this organization, which allows us to become active part of the efforts for the prevention of money laundering and funding of terrorism”, he said.

The Minister of Finance, Avdullah Hoti said that “this accession will contribute in the fight and prevention of money laundering and funding of terrorism and this is important for Kosovo as a young state in order for it to offer its contribution in the international arena”.

According to him, accession of Kosovo in Egmont Group is a great achievement in its path toward accession in international mechanisms.

So far, Kosovo has adhered in over 50 international organizations. /balkaneu.com/

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