The United Arab Emirates' National Anti-Money Laundering and Combating Financing of Terrorism and Financing of Illegal Organisations Committee hosted Kazakhstan's Financial Monitoring Agency for high-level meetings on bilateral cooperation, joint initiatives and emerging financial crime risks. The discussions covered national approaches to anti-money laundering and counterterrorist financing, including threats involving virtual assets. The UAE delegation presented its updated National Risk Assessment, Virtual Asset Risk Assessment and 2024-2027 national strategy. It also outlined AML TRACK, a secure government network for monitoring anti-money laundering and counterterrorist financing activities, and the National Statistics Platform for improving data collection, accuracy and access. The two sides also discussed public-private information sharing and exchanged detection practices during a meeting at the UAE Financial Intelligence Unit.
2025-01-24National Anti-Money Laundering and Combating Financing of Terrorism and Financing of Illegal Organisations Committee (NAMLCFTC)
United Arab Emirates' National Anti-Money Laundering Committee reviews financial crime cooperation with Kazakhstan
The UAE's National Anti-Money Laundering Committee hosted Kazakhstan's Financial Monitoring Agency to review bilateral initiatives and approaches to emerging financial crime risks. Discussions covered updated UAE risk assessments, digital monitoring and statistics platforms, public-private cooperation, and the detection of crimes involving virtual assets.