"The Secretariat of the National Committee to counter money laundering" It hosts meetings with Kazakhstan

Abu Dhabi, January 25 / WAM / The General Secretariat of the National Committee to counter money laundering and combating terrorist financing and financing illegal organizations in the UAE hosted a series of high -level meetings held on January 23 and 24, with a delegation from the Financial Supervision Agency of the Republic of Kazakhstan in the capital Abu Dhabi.

Senior officials from both sides participated in the meetings, along with a group of experts and specialists in the fields of anti -money laundering and terrorist financing; Where the discussions focused on strengthening bilateral cooperation between the UAE and the Republic of Kazakhstan, in addition to exchanging experiences and visions on the latest practices in addressing emerging challenges and prevention of financial crimes.

His Excellency Hamid Saif Al -Zaabi, Secretary -General of the General Secretariat and Vice -President of the National Committee, stressed the importance of cooperation between the UAE and the Republic of Kazakhstan, explaining that the meeting is part of the series of periodic meetings that reflect the FCA’s commitment to strengthening international partnerships in combating financial crimes, especially in the shadow of The geo -economic developments witnessed by the world at the present time.

He expressed the pride of the General Secretariat by hosting strategic partners from Kazakhstan in Abu Dhabi, to discuss pioneering initiatives aimed at enhancing the effectiveness of local and regional frameworks to combat money laundering and terrorist financing, stressing the continuation of cooperation strongly within the Eurasia Regional Group of the Financial Action Group (FAF), which reflects the commitment The participant in the face of these cross -border crimes, and work to enhance the approved strategies and keep pace with the latest developments and developments in this vital field.

For his part, His Excellency Janat Emmanov, Chairman of the Board of Directors of the Financial Supervision Agency for the Republic of Kazakhstan, said that the UAE and the Republic of Kazakhstan are sharing the high -level commitment to combat money laundering and terrorist financing, and that the discussions provided a valuable opportunity to review the progress made in joint initiatives, in addition to exchanging the latest views And lessons learned from national financial crime control systems.

He added that the UAE and Kazakhstan enjoy a great deal of local experience in areas such as technology, data and systems.

During the meetings, the senior members of the National Committee made offers on the comprehensive understanding of the UAE risk, which was developed through the national risk assessment and recent updates to assess the risk of virtual assets, whose views were greatly reflected on the national strategy to combat money laundering, terrorist financing, and the financing of the years for years 2024-2027, which was published in the last quarter of 2024.

The latest developments were reviewed in the efforts of the UAE to combat money laundering and terrorist financing, and highlights current projects and new national initiatives in this field, the most prominent of which is the “AML Track” platform, which is an advanced and safe government digital network, linking the relevant authorities and operating as a comprehensive analytical tool to follow up Anti -money laundering and terrorist financing activities in the country, with the aim of ensuring the accuracy of data and raising the level of information governance, which enhances the ability to follow changes and developments in a sustainable manner, in addition to introducing the national statistical platform, which is an innovative digital infrastructure developed by the General Secretariat to enhance the data collection curriculum, to ensure Its accuracy and ease of access, which contributes to improving the quality of the available information.

The “Public and Private Partnership Forum Committee” team, which was launched in 2021, discussed one of its initiatives to enhance dialogue and technical cooperation between the two sectors to combat money laundering and terrorist financing; The initiative provides an integrated legal framework for cooperation between government agencies and the private sector, with a focus on identifying and limiting the risks of financial crimes through the parties concerned to comply with the recommendations of the national evaluation that creates the risks and international standards of the Financial Action Group (FAF).

The Kazakh delegation concluded its visit with the meeting with the Financial Information Unit in the UAE, to exchange experiences and visuals on the detection of crimes that involve virtual assets and other financial crimes.

These high -level meetings reflect the commitment of the UAE and the Joint Republic of Kazakhstan to enhance bilateral cooperation and exchange experiences to combat cross -border financial crimes,; Through this partnership, the two countries aim to enhance global financial systems and ensure more security and stability internationally.

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