Position paper namibia economic financial; money laundering
Money laudrering
modern finaiclil sytems make it eay to move money across boreders
800 million to 2 trillion dollars laundered yearly
2 to 5 percent of the glabaol GPd
hard to trace or track
enforcements
- internaticon corperations
- banacing trancspacncey vs national soverntiy
UN actions
- who declares penalties?
Boliva
Adopt stronger definitions of money laundering and create and advisary commite to aid countries to deal with money laundering aswell.
- fears the bolivian economy will be destryed with 80 percent of enployment
Hungary
mainly cash econmy
mostions for Un to regonicze cash as an intergral part of hungarys economy
Kuwait
recognized issures that come with money laundering
- motions for harsh penaltys for money laundering
can cause many problems
mozabique
Agrees wil bolivia
strong policys implements by the UN could
nautraul gas, agricultre, mining
struggelsd with finachal flows.
UN oversight commitee
streer away from invasive pocliys
Money laundering is stems internation communications in bettween countries
better international communications economey.
Oman
taclek the issures of money laundering
transnations coorperations and banks involved in money laundering
Belaruse
wants to see other countries
campacity builkding
developing nations should not be ablebel to aply an breaos
dont place disproporiantes
balanced cooperateive development the doesnt
panama
implamented a sytem??
Boliva
more automonus style
- through coordination with smaller groups of countries
- foster the devoplment and costimization of a inital framework
lebanon
wants to not be associated with Hezbola
North korea
-less oversight, and more respect given to a counties sovernty
Ginea Basaua
more local agreements could be made to strengthern law enforcemtn
akoweges for more organized law enforcement in African counties
San Marino
30,000 people
hevely relante on banking and financial stability is intergral to all of san marnio
no natural resocres, it releiswes hevely on its economy.
a tarnished national brand could limit curency.
crypto
post caucus
Oman
optimistic about a comprehensive adress to money laundering
shows suport for large scale conditional aid for needing countries.
Worried about dissaperace of funds, if poured mindlessly into devoping countries. dosent want the issue to fester and get worse.
Senegal
west african country
- much traficing
recognizing the significant threat to globa finace floes
akkewoalge regional coomit s
reaffirim internation tranplaecey
tiered global triaged for large and samll countys
mneeds large countys to supprot the cause finaicly
motions for a cashless
safe guard investment flows
detect suspricial
international fincal dateabases
not disporpotionaly burden
Increase of autonomy
Increased digital monetary transactions
Money laundering is a problem that stems from the lack of international cooperation
acknowlges the role of crypto and how it has added
Adopt strong deffinitions of money laundering topics and of crypto cuurency
information hub not a council ‘
Fosters cooperation of nations
For the benefit of nations
Question of working paper
What sort of information would this inclkude and how might information be used, could the the possiblity of what past nations have taclked issued related to money laundering.
Perhaps the body in control of the information dosnet have access to the files
The accepting of county information
Does the delegation of Mozambique instead support a council that holds these rescomentadations and crafts tailored
How sets money that was laundered not sharpies the local economy.
targeting specific entities, such as individuals and corporations, instead of broad economic**
**The country of Namibia grants its full support of this resolution. With over 70 percent of Namibia’s transactions being cash based, harshly imposing regulations with the goal to combat money laundering would eliminate cash flow for the majority of our citizens. This resolution includes approaches to anti-money laundering that prioritize a states economic growth instead of over-arching harmful regulation.
Namibia expressways its full support on this resolution, as it The country of Namibia\
if the flow of reffugees is abitiss\
if the flow of reffugeesus