The UAE welcomes the decision to remove the country from the list of the European Union for the third high -risk countries in the field of money laundering and terrorist financing

Ahmed bin Ali Al -Sayegh, Minister of State, said in a statement today: “The UAE seeks, through its vision and its relentless efforts, to achieve a leadership center in the field of combating money laundering and terrorist financing.”

He stressed, “The United Arab Emirates welcomes the approval of the European Parliament for the updated list of the European Commission for the third high -risk countries in the field of money laundering and terrorist financing.”

“This decision is a clear recognition of the state’s firm commitment to the highest global standards in combating international financial crimes.”

Al -Sayegh added: “The UAE continues its role as a reliable and strategic partner of the European Union, and confirms its firm commitment to ensuring the application of anti -money laundering and terrorist financing systems effectively and firmly what enables it to face the emerging future global challenges … and as one of the most developed economies in the world and a reliable international financial center, the UAE continues to work alongside all international partners to protect The integrity of the international financial system .. We also look forward to consolidating the Emirati -European partnership, in a way that enhances close cooperation, prosperity and joint security, for the two regions and our peoples.