The 1st Plenary Meeting of the Interdepartmental AML/CFT Working Group for this year took place on 14 May 2025
The Financial Intelligence Office of the Unitary Police Service, tasked with the coordinating role of the Interdepartmental Anti-Money Laundering/Counter Financing of Terrorism (AML/CFT) Working Group, convened the first plenary meeting of the year on 14 May 2025. The member agencies of the Working Group are as follows: the Public Prosecutions Office, the Commission against Corruption of Macao, the Financial Intelligence Office of the Unitary Police Service, the Macao Customs Service, the Legal Affairs Bureau, the Monetary Authority of Macao, the Gaming Inspection and Coordination Bureau, the Economic and Technological Development Bureau, the Financial Services Bureau, the Judiciary Police, the Public Security Police Force, the Housing Bureau, and the Independent Committee for the Exercise of Disciplinary Power over Solicitors. Around 60 representatives from the 13 agencies mentioned above attended the meeting, including directors and deputy directors, department and division heads, and operational staff.
The primary objective of this meeting is to discuss and address the latest revisions or proposed revisions to the Financial Action Task Force’s (FATF) AML standards, with a view to enabling all member agencies to prepare for the mutual evaluation process in advance.
The AML/CFT Working Group is committed to the policies of the Macao SAR government to safeguard the integrity of the financial system and prevent its exploitation by criminals for money laundering or other financial crimes. To this end, the AML/CFT Working Group holds regular meetings annually to meticulously analyze emerging trends in related criminal activities. Member agencies are continually reviewing current laws, regulations and international standards, and making improvements to the legal framework and enforcement in the Macao SAR. The AML/CFT Working Group also coordinates efforts between the public and private sectors, and leverages resources from international organizations to collectively combat money laundering and related predicate offenses. The objective is to influence the implementation of law enforcement, supervision, and policy positively and effectively.