Governor of the Central Bank: Raising the name of the state from the list of third high -risk countries in the field of money laundering translation to see the leadership

Abu Dhabi, July 9/ WAM/ His Excellency Khaled Mohamed Al -Amma said the governor of the United Arab Emirates Bank, Chairman of the National Committee to counter money laundering and combating terrorist financing and financing of illegal organizations. The European Union’s decision to raise the name of the state from the list of the third high -risk countries in the field of money laundering and terrorist financing comes as a translation of the vision of the rational leadership in consolidating a sophisticated financial system based on an effective national vision and effective governance that ensures the safety and integrity of the sector Financial.

His Excellency praised in a statement to the diplomatic efforts led by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, Chairman of the Supreme Committee to supervise the national strategy to counter money laundering and terrorist financing, which resulted in this important achievement.

He stressed that the decision embodies the UAE’s steadfast commitment to facing challenges and risks in the financial system as a priority in promoting the country’s competitiveness and the development process, and the price of the commitment of authorities and organizational bodies and licensed financial institutions and the private sector and its cooperation in achieving this progress and achievement for the UAE.

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