GCC, EU wrap up anti-terrorism forum in Doha

Date : 5/23/2007

DOHA, May 23 (KUNA) -- Gulf Cooperation Council (GCC) and the European Union (EU) member states wrapped up here on Wednesday their fourth forum on combating terrorism funding.Experts who participated in the seminar agreed that the informal financial sectors should be accorded more attention and that more thought should be put into finding new ways of accessing the formal sectors, especially banks. They also agreed on the importance of KYC (Know Your Customer) and customer due diligence measures, considering a risk-oriented allocation of monitoring resources promote the efficiency of combating money laundering and terrorist financing while ensuring the necessary flexibility to keep step with changing market conditions. The experts agreed on the necessity of continuing and enhancing the concerted international efforts, including a regular and an interdisciplinary exchange of information between the investigative authorities, the financial intelligence units and the financial regulators at an informal level. The experts also stressed the important role of the UN and the need to implement all relevant UN instruments. They welcomed the UN s recent efforts to improve the transparency of the international sanctions regime through the establishment of the UN focal point. Finally, the participants agreed on the need to go on with the joint seminars on combating money laundering and terrorist financing and welcomed the announcement of Slovenia to arrange the 5th joint seminar in Brussels during their presidency of the EU in spring 2008.
att.tg KUNA 231900 May 07, 2007

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So will this international cooperation result in fewer deaths of innocent people? Can reasonable people control crazy people?

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Doha (Arabic: الدوحة, transliteration: Ad-Dawḥah or Ad-Dōḥah), population 400,051 (2005 census[citation needed]), is the capital of Qatar and is at 25.3° N 51.5333° E, on the Persian Gulf. Doha is located in the Ad Dawhah municipality, sometimes also known as the capital municipality. The city is Qatar's largest city, with over 80% of the nation's population residing in Doha or its suburbs, and is the economic center of the country. Doha is home to the Education City, an area devoted to research and education.