The conclusion of the eighth structural dialogue between the European Union and the UAE in Abu Dhabi on facing money laundering and terrorist financing

Abu Dhabi, May 26/WAM/The capital Abu Dhabi hosted the eighth structural dialogue between the European Union and the United Arab Emirates on combating money laundering and terrorist financing (AML/CFT).

This strategic meeting reaffirmed the strong commitment and continuous cooperation between the UAE and the European Union in combating financial crimes and enhancing international cooperation.
Senior actors from both sides reviewed the main areas of cooperation, including judicial coordination, cooperation in the police and security aspect, exchange of financial information, and strengthening partnerships between the UAE and the European Union to ensure bilateral consensus and mutual effectiveness.
The dialogue included a comprehensive review of the existing cooperation between the relevant authorities in the UAE and the European Union, with a focus on global trends, emerging risks and challenges related to combating money laundering and terrorist financing.

The two sides discussed the possible ways to expand joint efforts to protect financial systems from illegal activities, and to enhance commitment to global standards.

In this regard, the UAE continues its commitment to combating global financial crimes, as it is an essential axis in its national strategy, with strict enforcement measures, direct and continuous supervision and support from leadership.
Based on the results of the dialogue, the two parties agreed to move forward in working on a clear and specific set of technical and concrete fields for cooperation in the judicial field and in terms of law enforcement, and in a manner that includes enhancing the exchange of information and joint efforts.

The two parties expressed their common interest in adhering to the agreed areas of cooperation.
The eighth structural dialogue between the United Arab Emirates and the European Union was chaired by His Excellency Saeed Al-Hajri, Assistant Minister for Economic and Commercial Affairs at the Ministry of Foreign Affairs, His Excellency Lucy Burger, European Union Ambassador to the UAE, Mrs. Alexandra Gore-Busroder, Deputy Director General of Financial Stability and Financial Services and the Capital Markets Union.
During the dialogue, His Excellency Saeed Al -Hajri renewed the affirmation of the strong and long -term partnership between the UAE and the European Union, stressing the importance of strengthening strategic cooperation.

His Excellency stressed the firm commitment of the UAE to deepen cooperation with the European Union, pointing to the importance of joint efforts to benefit from mutual experiences, enhance transparency, and build a more flexible and durable global financial system.
His Excellency also stressed that the eighth structural dialogue between the UAE and the European Union on combating money laundering and terrorist financing constitutes an important station in the course of cooperation between the two sides, and reflects the joint commitment to combating money laundering and terrorist financing through enhancing cooperation, implementing strategic initiatives, and a unified vision for financial security.

He added: “This partnership is consistent with the UAE’s broader vision to contribute to providing practical solutions to global financial challenges, enhancing international cooperation, and ensuring the integrity of financial systems at the global level.”
During the dialogue, Mrs. Alexandra Gore-Shider, in cooperation with the UAE authorities, welcomed effective ways to achieve progress in establishing a sustainable cooperation approach in the face of money laundering and terrorist financing.

She added that it is necessary for the European Union to enhance judicial cooperation and cooperation in the field of law enforcement with the UAE in cases of money laundering and terrorist financing.

She emphasized that the agreement of the two sides on concrete areas to continue cooperation in this field is a positive indication, as the European Union is looking to strengthen this joint cooperation.
Participated in the structural dialogue from the UAE side by the Ministry of Interior and the General Secretariat of the National Committee to counter money laundering and combat terrorist financing and financing of illegal organizations, the financial information unit, the Ministry of Justice and Dubai Police.

On the other hand, a number of European Union agencies and institutions, including the General Directorate of Immigration and Internal Affairs of the European Commission (DG Home), the General Directorate of Financial Stability and Financial Services, the Capital Markets Union (DG Fisma), the General Directorate of Justice and Consumers (DG JUST), European External Work service (EEAS), the European Union Public Prosecution, the European Union Public Prosecution (DG JUST), the European Union Public Prosecution (EEAS), the European Union Public Prosecution, the European Union, the General Directorate of Justice and Consumers (DG JUST), the European External Work Service (EEAS), and the Public Prosecution of the European Union ((EPPO), the European Union Agency for Cooperation in the field of law enforcement (Europol, and the European Union Agency for Criminal Justice.

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