Lebanon enjoys security and financial stability, said Lebanese Interior Minister Nouhad Machnouk during the inauguration of anti-money laundering forum organized by the World Union of Arab Bankers. The technical development of the Internal Security Forces would play a key and preliminary role in fighting money laundering and funding terrorism, he stated. President of the Association of Banks in Lebanon Dr. Joseph Tarabay asserted that the effective application of money laundering financial laws demands reliance on various expertise and qualifications of relevant sectors. The annual forum was held in Phoenicia Hotel Beirut and was inaugurated by Lebanese Interior Minister Nouhad Machnouk. The slogan of the forum was, one hand against Arab banks’ challenges – the title launched from the fact that the banking sector is the backbone of the financial and economic aspects in Arab countries, not to mention that the issues of fighting money laundering, drying terrorism funding sources and taxation evasion have become the main concern of world and government observatory organizations. As Machnouk affirmed that the cooperation and exchange of information are the essentials of success in drying the terrorism funding sources and eradicating money laundering attempts, he announced that the strategic plan of the Internal Security Forces stands on reinforcing the technical and IT system and activating its units including Judiciary Police and bureaus of anti-cyber and financial crimes. However, the main goal of this strategy is not restricted to this, but we look forward to the day when the illegal weaponry would be in the hand of the Lebanese state as well as the peace and war decision, he added. President of the Association of Banks in Lebanon Dr. Joseph Tarabay came over the permanent and significant cooperation between the World Union Of Arab Bankers and the Arab Interior Ministers Council, within the signed memorandum between the two parties on fighting money-laundering, terrorism funding and cyber-crimes.