UAE National Summit on Financial Crime Compliance Kicks Off

UAE, 09 October, 2024 : The National Summit on Financial Crime Compliance, under the patronage of His Highness Sheikh Mansour Bin Zayed Al Nahyan, will be held in Abu Dhabi on October 9-10, 2024. 

Organized by the Central Bank of the UAE (CBUAE), the event will bring together senior officials from regulatory bodies, law enforcement, and international organizations, including the EU Global Facility on AML/CFT and the Financial Action Task Force (FATF).

The summit will focus on anti-money laundering (AML) and combatting the financing of terrorism (CFT). Discussions will cover strategies for managing financial crime risks, with a special emphasis on AI applications in addressing money laundering in the Middle East and North Africa.

The event will also highlight collaboration between Financial Intelligence Units, law enforcement, and the private sector to ensure financial stability both in the UAE and globally.

Source : www.centralbank.ae