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UAE becomes first Arab country to get observer status at money laundering group for Asia Pacific
Published on 17 Jul 2023
- The United Arab Emirates (UAE) has become the first Arab country to receive observer status in the Asia/Pacific Group (APG) on Money Laundering, a regional body similar to the Financial Action Task Force (FATF).
- The UAE is participating as an observer at the plenary session of the APG, which is currently taking place in Vancouver, Canada.
- Obtaining observer status reflects the UAE's commitment to international cooperation in combating money laundering and the financing of terrorism.
- The UAE delegation attending the APG plenary session is led by Hamid Al Zaabi, Director-General of the Executive Office for Anti-Money Laundering and Counter-Terrorism Financing (EO AML/CTF).
- The delegation includes representatives from the UAE Financial Intelligence Unit (FIU) and other government officials.
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