Intersectoral Collaboration Agreement between the Institute of Banking and Financial Studies (IBFS) and the National Anti-Corruption Authority
On the 1st of September 2021, a Memorandum of Intersectoral Cooperation was signed between the Institute of Banking and Financial Studies and the National Anti-Corruption Authority. The agreement signing took place in the presence of Dr. Fathi Aqoub, Director General of the Institute, and Mr. Mohammed Huraib, representing the Authority, along with a delegation of officials from both institutions.
The agreement aims to strengthen strategic cooperation and enhance joint efforts to combat corruption across the public and private sectors, including the banking sector and law enforcement bodies. It also seeks to expand scientific, technical, and training collaboration between the two parties through the provision of specialized training programs for the Authority’s staff in anti-money laundering and counter-terrorist financing (AML/CFT), compliance, and the fundamentals of banking operations.
This cooperation contributes to building the institutional and professional capacities of the Authority’s personnel, enabling them to effectively carry out their supervisory responsibilities and reinforcing the National Anti-Corruption Authority’s role in combating money laundering and related financial crimes.