The Middle East and North Africa Financial Action Task Force (MENAFATF) has opened a regional workshop in Abu Dhabi on the risk-based approach and risk assessment mechanisms for financial institutions, organised with the Arab Monetary Fund (AMF) and the German Agency for International Cooperation (GIZ). The event brings together experts from member countries and observers at the AMF headquarters. The programme focuses on strengthening understanding and practical application of risk-based AML/CFT supervision, including developing risk-driven supervisory strategies supported by modern technological solutions. It also highlights beneficial ownership transparency, addresses emerging financial sector challenges, and promotes stronger public-private partnerships through improved information sharing and compliance enhancement. Interactive case studies and practical exercises cover the use of AI and data analytics for risk assessment, alongside regional exchange of experience and identification of best practices. The workshop runs from 22 to 26 September 2025.
Middle East and North Africa Financial Action Task Force (MENAFATF) 2025-09-23
Middle East and North Africa Financial Action Task Force launches Abu Dhabi workshop on risk-based AML CFT risk assessment for financial institutions
MENAFATF, with the Arab Monetary Fund and the German Agency for International Cooperation, is holding a regional workshop in Abu Dhabi from 22 to 26 September 2025. It focuses on risk-based AML/CFT supervision, beneficial ownership transparency, and public-private partnerships. The programme includes interactive case studies on AI and data analytics for risk assessment, aiming to enhance compliance through improved information sharing.