April 17, 2019
The U.S. Department of the Treasury Assistant Secretary for Terrorist Financing Marshall Billingslea will visit Cyprus from April 18 to April 19 as part of a regional trip that includes a stop in Bahrain. The purpose of Assistant Secretary Billingslea’s visit is to enhance cooperation between the United States and the Republic of Cyprus to ensure that Cyprus has a strong and healthy financial sector. The visit is a follow-up to his trip last year, and highlights Treasury’s commitment to continue working with partners in Cyprus and the broader region to strengthen their efforts to fight money laundering and counter the financing of terrorism (AML/CFT).
During his visit, Billingslea will meet with Foreign Minister Christodoulides, Finance Minister Georgiades, new Central Bank Governor Herodotou and other officials. Billingslea will discuss the cooperation of the Republic of Cyprus with the United States on fighting money laundering, enhancing transparency, and other measures such as complying with U.S. sanctions to prevent illicit actors from exploiting the international financial system.