Workshop in Savannakhet with the Anti-Money Laundering Intelligence Office

ILSTA, with support from AMLIO and the Central Bank of Laos, organised a two-day workshop in Savannakhet focused on AML/CFT. The workshop is for bank staff, leasing companies, and pawnshops to improve their knowledge of Anti-money Laundering and Combating the Financing of Terrorism.
During the opening remarks, Mr. Philippart emphasized the criticality of KYC (know your customer) and CDD (customer due diligence) in the fight against financial crimes. The training is designed to help participants understand the risks of money laundering and financing of terrorism and risks with financial transactions and how to mitigate them effectively.
This event provided also an opportunity for ILSTA to run an awareness-raising campaign on AML/CFT with the Banks in Savannakhet