NCC (National Co-ordination Committee)

A "coordinating committee” with senior representatives of all agencies with responsibilities in relation to ML and FT has been established. This committee ensures regular review of law and procedure and proposes changes as needed to reflect international best practice.

Objectives of constituting the National Coordination Committee are to:


  • Coordinate the implementation of the National Anti- Money Laundering (AML) and Countering Financing of Terrorism (CFT) Strategy of Bhutan;
  • Coordinate the undertaking of any National Anti- Money Laundering (AML) and Countering Financing of Terrorism (CFT) Risk Assessment or the updating of such an assessment;
  • Advise the Lhengye Zhungtshog in connection with AML and CFT issues that arise from time to time.

The National Coordination Committee shall consist of a member from:


  • Governor of the Royal Monetary Authority (Chairman);
  • Chairperson, Anti-Corruption Commission;
  • Secretary, Ministry of Home and Cultural Affairs;
  • Secretary, Ministry of Foreign Affairs;
  • Secretary, Ministry of Finance;
  • Secretary, Ministry of Economic Afairs;
  • Chief of Police.

The Financial Intelligence Department shall serve as the Secretariat for the National Coordination Committee.

The functions of the committee:

  • Develop upon an action plan for the countering of money laundering and the financing of terrorism in Bhutan
  • Providing necessary guidance to all concerned in implementing the policies made;
  • Ensuring coordination among different Ministries/Agencies
  • Co-ordinate national policies with regional and international initiative.
  • Reviewing the position of Bhutan in complying international standards for anti-money laundering and combating financing of terrorism, and ensuring compliance of the standards.