2016-08-11
On 11 August 2016, Cambodia Financial Intelligence Unit (CAFIU) and Australian Transaction Reports and Analysis Centre (AUSTRAC) signed a Memorandum of Understanding (MOU) on the Exchange of Financial Intelligence related to Anti-Money Laundering and Combating the Financing of Terrorism at the second regional Counter-Terrorism Financing (CFT) Summit in Bali, Indonesia which was participated by 25 countries with other international organizations.
Having understood the benefit of relationship strengthening between the two countries, CAFIU and AUSTRAC have agreed to sign the MOU on the exchange of financial intelligence related to anti-money laundering and combating the financing of terrorism (AML/CFT). This MOU is to strengthen and expand international cooperation and joint efforts in tracing, preventing and eliminating money laundering and terrorism financing.
This is the 11th signing event for CAFIU that has signed MOUs and Agreement with foreign countries. So far, CAFIU has signed MOUs with Malaysia, Bangladesh, Sri Lanka, Japan, Republic of Korea, Vietnam, Thailand, Laos, Indonesia and Russian Federation.
