IMF Launches AMLAC Fund at 2026 Meeting to Combat Money Laundering and Corruption
Prachachat
Key summary
At the IMF-World Bank 2026 meeting, the International Monetary Fund launched the Anti-Money Laundering and Anti-Corruption Thematic Fund (AMLAC). This new mechanism integrates anti-money laundering, anti-corruption, and governance support into a single framework to address vulnerabilities affecting economic stability. Officials from Namibia and Sri Lanka emphasized that passing laws is insufficient without effective enforcement and institutional cooperation. Several countries pledged additional financial contributions to strengthen technical assistance for member nations.
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Source report
Prachachat
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