A Conference was held on 04 November 2015 at Golden Bay Beach Hotel in Larnaca, on closing of the Project co-funded by Norway Grants “Strengthening MOKAS capacities and improve efficiency to detect money laundering and financing of terrorism’’. Its main scope was the Discussion on the new AML reporting system in Cyprus and the experience of Norway and Liechtenstein. The participants to this conference were around 250 persons from all the organizations in Cyprus which have the obligation of the submission of suspicious transactions reports i.e. the banking institutions, lawyers, accountants, estate agents and others, also officers from the Law Enforcement Agencies in Cyprus, i.e., the Cyprus Securities and Exchange Commission, Central Bank, Cyprus Bar Association, Institute of Certified Public Accountants of Cyprus and other governmental departments with which MOKAS is cooperating i.e. the Police and the Customs Department.. Also during this conference an MOU was signed between the FIUs of Cyprus and Norway and the FIUs of Cyprus and Liechtenstein.