Arab states launch money laundering task force

Arab states agreed on Tuesday 30 November on the creation of the 14-member Middle East-North Africa Financial Action Task Force to work together to try to keep money out of the hands of terrorists.

Yesterday's creation of the 14-member Middle East-North Africa Financial Action Task Force was welcomed by the US Treasury Department official responsible for fighting terrorist financing, Juan Carlos Zarate, who attended the inaugural meeting in Bahrain.

The task force was "a testament to the fact