Angola Defends Convergence of Efforts for Regional Success

Luanda — The Secretary of State for the Interior, Arnaldo Carlos, on Monday emphasized Angola's commitment to achieving greater convergence of efforts to combat money laundering and terrorist financing in the Southern African Development Community (SADC) region.

Speaking at the opening of a regional workshop dedicated to building capacity and strengthening the investigation of money laundering and terrorist financing crimes, Carlos said that each country's individual success depends on the region's collective success.

"A SADC resilient to illicit financial flows is a safer, more stable region, better prepared to achieve the development objectives defined in continental and global agendas," he said.

Carlos expressed Angola's firm commitment to implementing United Nations instruments and complying with the Financial Action Task Force's (FATF) recommendations.

Follow us on WhatsApp | LinkedIn for the latest headlines

Carlos added that Angola has been reinforcing its legal and institutional framework, training specialized personnel, strengthening supervisory mechanisms, and promoting cooperation with regional and international partners. He emphasized that sound financial systems are essential for sustainable economic growth, as well as for instilling confidence in citizens and investors.

He highlighted Angola's commitment to rigorously fulfilling the mutual evaluation and follow-up processes of the ESAAMLG.

Carlos said these processes are not viewed as an end in themselves but as strategic opportunities to strengthen the national system, raise compliance and effectiveness standards, and consolidate the confidence of the regional and international community.

The official said that the Angolan government has promoted structural reforms and reinforced the legal and regulatory framework, as well as the intra-institutional coordination and technical capacity of criminal investigative bodies, security forces, financial intelligence units, and judicial authorities.

He said the government has focused particularly on financial investigations and combating the underlying crimes.

FMA/SC/AMP

AllAfrica publishes around 500 reports a day from more than 90 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.