The USAID-MCC Anticorruption Program in Timor-Leste, implemented by DI Development, a business of DynCorp International, works with the USAID-MCC Anticorruption Program in Timor-Leste, Foti Timor-Leste (FTL). On December 12, the country passed its first Anti-Money Laundering Law (AML), designed to combat the financing of terrorism (CFT).
Terrorists finance criminal activities by laundering money, so stopping this activity is on the top of a worldwide agenda to fight corruption. The failure of a country to prevent terrorists’ access to funds through money laundering can be met with formal and informal sanctions. Read more →
