The “Supreme Committee” is informed of the developments in the implementation of the plan to combat money laundering and financing of smuggling – economy – local

0
15


His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, chaired the meeting of the Supreme Committee to oversee the national strategy to counter money laundering and terrorist financing.

The members of the committee were briefed on the latest developments in the implementation of the national action plan to combat money laundering and terrorist financing, in addition to future plans to fully achieve the desired goals.

During the meeting, the Director of the Economic and Commercial Affairs Department at the Ministry of Foreign Affairs and International Cooperation, Amna Mahmoud Fikry, gave a presentation on the issue of combating money laundering and terrorist financing, and the progress made within the track of mutual evaluation of the UAE by the Financial Action Task Force (FATF) during the last period.

The committee was also provided with the results of the UAE’s first follow-up report, through which the state submitted a request to reassess its level of compliance, as part of four technical recommendations to the Financial Action Task Force for the Middle East and North Africa (MENAFATF). Entities to obtain the initial approval to raise the evaluation of most of the targeted recommendations, which represents an additional achievement and an affirmation of the State’s seriousness in developing the system for combating money laundering and terrorist financing.

The meeting of the Supreme Committee discussed the progress made in the national action plan to combat money laundering and terrorist financing, and the main next steps required to meet all the requirements and recommendations submitted by the Financial Action Task Force (FATF), where the importance of building on the achievements made, and intensifying efforts within this framework during the period was emphasized. Coming.

Google Newsstand

Follow our latest local and sports news, and the latest political and economic developments via Google news

Share

Print








LEAVE A REPLY

Please enter your comment!
Please enter your name here