Ambassador of Bhutan to Australia, Sonam Tobgay, on behalf of the Financial Intelligence Department (FID) of the Royal Monetary Authority (RMA), and Nicole Rose PSM, Chief Executive Officer of Australian Transaction Reports and Analysis Centre (AUSTRAC), signed a Memorandum of Understanding (MoU) between FID-RMA and AUSTRAC. 

The MoU will allow the two countries to cooperate in the timely and unimpeded exchange of information should the need arise for either party to seek/provide money laundering and terrorism financing-related financial intelligence/information in the future. The signing ceremony was conducted remotely to observe Covid-19 protocols.