According to data by the Financial Transactions and Reports Analysis Center of Afghanistan (FinTRACA), which operates under the Central Bank, the authority prevented the illegal transfer--in and out-- of over 2,780 shipments of currency, gold and other precious stones worth more than $50.3 million in 2019. Worth of notice is also the arrest of an MP caught in the attempt to carry EURO 200,000 from Kabul Airport outside the country.

Updated: October 31, 2020

Based on the information received from FINTRACA, it has signed 19 Memorandums of Understanding. Eight of these are with other government entities within the Afghan government. Below are some:

1. National Procurement Authority

2. Ministry of Interior Affairs

3. Attorney General Office

4. National Directorate of Security

5. Financial Supervision Department (Da Afghanistan Bank)

6. High Office of Oversight and Anti-corruption

7. Afghanistan Customs Department

8. Afghanistan Revenue Department

Also, FinTRACA has concluded the AML/CFT National Risk assessment, and Afghanistan has adopted the Regulation Governing the Reporting and Control of Physical Transfers of Currency, Bearer Negotiable Instruments, Gold, Other Precious Metals or Precious Stones through the Borders.

Other useful documents are The Regulation Governing the Reporting and Control of Physical Transfers of Currency, Bearer Negotiable Instruments, Gold, Other Precious Metals or Precious Stones through the Borders of Islamic Republic of Afghanistan in Annex II attached.

Peer reviewer: 1

Updated: April 30, 2020