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Monday , December 9 2019

Qatar passes new law on money laundering and terror financing

DOHA: Qatar’s cabinet has passed a new law to combat money laundering and terrorism financing that will bring it in line with recommendations from the international organisation that sets global standards, its central bank said.

Qatar has been keen to show it is cracking down on terrorism financing, more than two years after coming under embargo by a Saudi-led bloc that has accused it of supporting militant groups, which Doha denies. (RTRS)

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