As part of its mandates, the Financial Intelligence Agency (FIA) has deepened public awareness for stakeholders in Liberia’s gaming Sector to reinforce AML/CFT Compliance.

The FIA Deputy Director General, Amos Y. Boakai, elaborated that awareness communication plays an essential role in enlightening Chief Executive Officers (CEOs) and other stakeholders of gaming companies about the identified deficiencies highlighted in the country’s second round mutual evaluation report about the gaming industry that needs to be lawfully regulated for compliance purposes.

According to him, Liberia’s Anti-Money Laundering and Countering the Financing of Terrorism and Proliferation Financing (AML/CFT/PF) laws and regulations require all gaming companies to fulfill their reporting obligation by frequently filing to the FIA.

“The awareness seeks to strengthen the capacity of gaming entities and their operators regarding trending developments and emerging patterns in Liberia’s AML/CFT regime.”, – FIA DDG- Boakai stressed. Adding, he mentioned that the awareness was a precursor to an anticipated onsite inspection exercise across all gaming companies in Liberia.

Participating CEOs of gaming companies lauded the FIA awareness communications engagement and pleaded for regular interactions surrounding AML/CFT compliance.