VOL. XLV

No 50

16-December-2002

KUWAIT

Kuwait To Set Up Committee To Combat Money Laundering And Financing Of Terrorism

The Kuwaiti Minister of both Finance and Planning, and Minister of State for Administrative Development, Yusuf Hamad al-Ibrahim, has issued an administrative decree setting up a committee to combat money laundering and the financing of terrorism. It will be headed by the Deputy Minister of Finance and the decree will come into effect as soon as it is published in the Kuwaiti...