REPUBLIC OF CAMEROON PEACE - WORK - FATHERLAND
PRESIDENCE DE LA REPUBLIQUE PRESIDENCY OF THE REPUBLIC SECRETARIAT GENERAL SERVICE DU FICHIER LEGISLATIF ET REGLEMENTAIRE LEGISLATIVE AND STATUTORY AFFAIRS CARD INDEX SERVICE COPIE CERTIFIEE CONFORME CERTIFIED TRUE COPY
2023/464 OF 30 OCT 2023
DECREE No. _________________________ to lay down the establishment, organization and functioning of the Coordination Committee on National Policies against Money Laundering, Terrorist Financing and Proliferation of Weapons of Mass Destruction.-
THE PRESIDENT OF THE REPUBLIC,
Mindful of the Constitution;
Mindful of Regulation No. 01/CEMAC/UMAC/CM of 11 April 2016 on the prevention and suppression of money laundering and the financing of terrorism and proliferation of Weapons of Mass Destruction in Central Africa;
Mindful of Directive No. 01/16/CEMAC/UMAC/CM of 12 December 2016 on the model instrument to lay down the establishment, organization and functioning of the Coordination Committee on National Policies against Money Laundering, Terrorist Financing and Proliferation of Weapons of Mass Destruction in each GABAC Member State, referred to as the "Coordination Committee";
Mindful of Decree No. 2005/187 of 31 May 2005 to lay down the organization and functioning of the National Agency for Financial Investigation;
Mindful of Decree No. 2011/408 of 9 December 2011 to organize the Government, as amended and supplemented by Decree No. 2018/190 of 2 March 2018.
HEREBY DECREES AS FOLLOWS:
CHAPTER I
GENERAL PROVISIONS
ARTICLE 1: This decree lays down the establishment, organization and functioning of the Committee for the Coordination Committee on National Policies against Money Laundering, Terrorist Financing and Proliferation of Weapons of Mass Destruction, hereinafter referred to as the "Committee".
ARTICLE 2: Under the authority of the Minister in charge of finance, the mandate of the Committee shall be to formulate and coordinate nationwide the implementation of policies and activities aimed at combating money laundering, terrorist financing and the proliferation of weapons of mass destruction. To this end, it shall:
- assist the Government, economic, social, financial, non-financial and monetary actors, as well as the population in combating money laundering, terrorist financing and the proliferation of weapons of mass destruction, and sensitizing them on the need for such action;
- propose any measure likely to facilitate the implementation, by Cameroon, of decisions adopted by regional and international bodies engaged in combating money laundering, terrorist financing and the proliferation of weapons of mass destruction;
- support the National Agency for Financial Investigation in coordinating and monitoring the self- and peer evaluation of the mechanism to combat money laundering, terrorist financing and the proliferation of weapons of mass destruction;
- make proposals for the drafting of appropriate regulations for combating money laundering, terrorist financing and the proliferation of weapons of mass destruction, in accordance with international guidelines;
- ensure better coordination of government services involved in the fight against money laundering, terrorist financing and the proliferation of weapons of mass destruction;