Khartoum, 23 Oct (SUNA)- The Sudanese Businessmen Association has commended the decision of the Financial Action Task Force (FATF) in its meetings held in Paris, France, today, to clear the name of the Sudan from the list of states having regulatory problems in combatting money laundering and financing terrorism.
Saud Al Brair, the Chairman of the Union has described in a statement to the Sudan News Agency the decision as a positive step that reflect positively on the various foreign trade activities as it would facilitate and financial transaction with the outside world, a matter the private sector has been suffering from in its transactions.
He commended the efforts exerted by the central bank of the Sudan to redress the situation in the past through adoption of a number of policies and issuance of laws against financing of terrorism and money laundering.
