Here is the converted article in Markdown format:

Meetings of National Committee: A New Regulation

A significant change has been introduced regarding the conduct of meetings by the National Committee, a crucial body responsible for enforcing anti-money laundering laws in the country.

Quorum Requirement for Meetings

According to the revised rules, members of the National Committee shall constitute a quorum at any meeting. This means that a minimum number of committee members must be present for a meeting to be considered valid and productive.

Background and Rationale

The decision was made following a thorough review of the current procedures and guidelines governing the committee’s operations. The change aims to ensure that meetings are:

• Productive: By requiring a quorum, important decisions can only be made with the participation of a sufficient number of committee members.
• Efficient: Meetings will be more focused and productive, as all attendees will have a vested interest in the outcome.
• Transparent: The presence of a quorum ensures that all stakeholders are represented and informed about key discussions and decisions.

Impact on the Financial Sector

The move has been welcomed by stakeholders in the financial sector, who believe it will:

• Strengthen the country’s anti-money laundering regime
• Enhance its reputation globally

By introducing this new regulation, the National Committee is demonstrating its commitment to transparency, accountability, and effective governance.