The Middle East and North Africa Financial Action Task Force (MENAFATF) convened its Advisory Committee for its first meeting of 2026, held over 12 and 13 January in Abu Dhabi and chaired by MENAFATF President H.E. Hamid Al Zaabi. The meeting focused on capacity building, governance and regulatory enhancement mechanisms, progress in current workstreams, and preparations for the upcoming MENAFATF Plenary. Day one included visits to the Emirates Institute for Financial Studies and the Abu Dhabi Global Market Academy to support exchanges of expertise. On day two, members reviewed the status of current working groups and discussed mechanisms to enhance their governance, MENAFATF’s participation in the 15th United Nations Congress on Crime Prevention and Criminal Justice, and other items aimed at capacity building and operational efficiency. MENAFATF also reaffirmed that, under the UAE’s chairmanship, its priorities include strengthening regional readiness for mutual evaluations, coordinating efforts among member states, and developing tools and mechanisms to support a safe and sustainable financial system.
Middle East and North Africa Financial Action Task Force (MENAFATF) 2026-01-19
Middle East and North Africa Financial Action Task Force Advisory Committee holds first 2026 meeting to advance governance and capacity building work
The Middle East and North Africa Financial Action Task Force (MENAFATF) held its first 2026 Advisory Committee meeting in Abu Dhabi, chaired by President H.E. Hamid Al Zaabi. Discussions focused on capacity building, governance, regulatory enhancement, and Plenary preparations. MENAFATF reaffirmed priorities under the UAE's chairmanship, emphasizing regional readiness for mutual evaluations and developing tools for a sustainable financial system.