File - Salameh is in Washington for an annual meeting of World Bank and IMF officials. (The Daily Star/Mohammad Azakir)
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Central Bank Governer Riad Salameh said Wednesday that he is willing to implement more measures on local banks in an effort to curb monery laundering, which is the third largest financial operation in the world after currency exchange and car production.According to the governor, the Central Bank is employing the latest strategies and tactics to fight the recent developments in money laundering and terrorism financing. The Central Bank has also prepared "excellent" legislation that it is working on implementing, Salameh said, without clarifying the exact nature of such laws.
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