The Middle East and North Africa Financial Action Task Force (MENAFATF), in cooperation with the Eurasian Group on Combating Money Laundering and the Financing of Terrorism (EAG), held a Joint Forum for supervisory authorities and the private sector in Moscow titled “Risk Management in the Age of New Technologies”, alongside the EAG’s 42nd Plenary and working group meetings. The event brought together regulators, private sector experts, international organisations and member states to discuss emerging risks linked to digitalisation. Interactive sessions covered cybercrime and cross-border risks, social engineering and related illicit activity, know-your-customer in the digital environment including the role of artificial intelligence, virtual assets and terrorist financing, and building an international culture of risk management. The forum also involved experts from other FATF-style regional bodies and representatives from the United Nations Security Council Counter-Terrorism Committee, the Counter-Terrorism Executive Directorate and the United Nations Office of Counter-Terrorism, facilitating the exchange of best practices and reinforcing cooperation messages, with MENAFATF and EAG positioning the format as a basis for expanding partnerships with other FATF member states.
Middle East and North Africa Financial Action Task Force (MENAFATF) 2025-05-29
Middle East and North Africa Financial Action Task Force and Eurasian Group convene joint regulators-private sector forum on risk management and new technologies
MENAFATF and EAG held a Joint Forum in Moscow to discuss digitalisation-related risks, including cybercrime and terrorist financing, with international experts and organizations. The event aimed to enhance cooperation and share best practices among supervisory authorities, the private sector, and international bodies.