The UAE is committed to accelerating the pace of the National Action Plan to combat money laundering and terrorist financing, as this file constitutes a strategic priority for the country.

In my capacity as Chairman of the Higher Committee Overseeing the National Strategy on Anti-Money Laundering and Countering the Financing of Terrorism.

I would like to underscore the UAE’s commitment at the highest level to strengthen our national AML/CFT framework, including by working closely with FATF, our international partners, and the private sector on a sustainable and ongoing basis.

Financial crime is a concern for all major economies, and we in the UAE are approaching this matter with the utmost seriousness.

By continuing with our disciplined approach, we are making a genuine difference in our ability to prevent illicit financial flows and achieve our goal of making the UAE one of the strongest and most respected economies in the modern world.

HH SHEIKH ABDULLAH BIN ZAYED AL NAHYAN

Minister of Foreign Affairs and Chairman of the Higher Committee Overseeing the National Strategy on Anti-Money Laundering and Countering the Financing of Terrorism

Our High-Level Responsibilities

Information Sharing

Increase the information shared between law enforcement agencies, supervisors, and the private sector, through legislation, public private partnerships and public initiatives.

Integrity

Protecting the integrity of the UAE financial system and actively pursue those who abuse it for illicit means.

Risk Management

Improve national coordination and international cooperation on AML/CFT issues at both policy and operational levels.

Coordination

Tackling money laundering and terrorist financing threats by working with regional and international groups, such as the Gulf Cooperation Council, the G20, the Financial Action Task Force, the UAE’s National Committee on AML/CFT and the Ministry of Foreign Affairs and International Cooperation.

INCEPTION, VISION, MISSION

Our Inception

The National Strategy on Anti-Money Laundering and Countering Financing of Terrorism 2020 – 2023 was developed to define the UAE’s approach to building an integrated system that enhances its response to money laundering crimes.

Our Vision

Establish the UAE as a global leader in combatting money laundering, counter terrorism financing and preventing weapons proliferation.

Our Mission

Our mission is to facilitate the continued development and maintenance of a reliable financial system with high levels of protection against abuse for money laundering, the financing of terrorism and weapons proliferation.

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