Search For "aml cft"
New FATF report highlights illicit finance risks linked to Offshore VASPs
Updated : 2 months, 2 weeks ago IST
Offshore VASPs are VASPs created under the laws of one jurisdiction, with or without a physical presence, that provide services to clients residing in another jurisdiction. The report analyses how oVASPs structure their activities to avoid or evade regulatory obligations and how illicit acto
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North Korea, Iran, and Myanmar continue to remain on FATF's blacklist
Updated : 7 months ago IST
The Financial Action Task Force (FATF), the global watchdog against terror financing and money laundering, continued to list North Korea (DPRK), Iran, and Myanmar under blacklist as "high-risk jurisdictions subject to a Call for Action" for severe deficiencies in their anti-money launderi
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UAE delegation concludes official visit to Morocco to strengthen cooperati
Updated : 1 year, 1 month ago IST
The visit, held from 22 to 24 April, was organised in cooperation with the National Financial Intelligence Authority of Morocco and aimed to reinforce strategic coordination between the two nations in the areas of anti-money laundering (AML), counter of terrorism financing (CFT), and counter
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UAE delegation meets French officials to strengthen cooperation
Updated : 1 year, 4 months ago IST
The visit highlights the UAE's commitment to activating effective communication channels to reduce financial crimes in alignment with its strategic goals and global AML/CFT standards.
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Travel Rule at Scale: VerifyVASP Achieves 10M Verifications Worth USD 200B
Updated : 1 year, 7 months ago IST
Singapore, October 8: VerifyVASP, a leader in virtual asset compliance solutions, has reached significant milestones in Travel Rule implementation: $200 billion of verified transfers processed across 10 million successful verifications since its inception in 2022. The Travel Rule is an AML/C
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Sixth EU-UAE Structural Dialogue on AML/CFT concludes in Brussels
Updated : 1 year, 11 months ago IST
The sixth EU-UAE Structural Dialogue on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) was recently held in Brussels.
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UAE plays leading global role in combating financial crimes: Hamid Al Zaab
Updated : 2 years, 3 months ago IST
Hamid Al Zaabi, Director-General of the Executive Office for Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT), said that the United Arab Emirates plays a leading global role in combating financial crimes, noting that the UAE will begin the next Mutual Evaluation Report (MER) o
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India, US co-chair AML/CFT Dialogue, agree to improve cooperation against
Updated : 2 years, 5 months ago IST
India and the United States co-chaired the US-India Anti-Money Laundering and Countering the Financing of Terrorism Dialogue, and agreed to improve cooperation and information sharing
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Abu Dhabi: ADGM publishes 'Quick Guides' for Designated Non-Financial Busi
Updated : 2 years, 7 months ago IST
The guides are aimed at raising awareness and understanding of key AML/CFT and sanctions obligations among the DNFBP sector operating within the international financial centre of the UAE's capital.
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UAE: Executive Office of Anti-Money Laundering, holds second NAR Workshop
Updated : 2 years, 10 months ago IST
The Executive Office of Anti-Money Laundering and Countering the Financing of Terrorism (EO AML/CFT) commenced the second workshop of the UAE's 2022/23 Money Laundering/Terrorist Financing (ML/TF) National Risk Assessment (NRA) in collaboration with the World Bank Group.
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UAE hosts annual Egmont Group Plenary to discuss use of IT to enhance AML/
Updated : 2 years, 10 months ago IST
Under the patronage of Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Minister of the Presidential Court, and Chairman of the Central Bank of the UAE (CBUAE), Khaled Mohamed Balama, Governor of CBUAE and Chairman of the UAE National Anti Money Laundering and Comba
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UAE Expert Group for AML/CFT deepens engagement with international partner
Updated : 3 years, 1 month ago IST
The UAE delegation, coordinated by the Ministry of Foreign Affairs and International Cooperation, also included representatives from the Executive Office for AML/CFT, Central Bank of the UAE, Financial Intelligence Unit of the UAE, Ministry of Economy, Ministry of Finance, Ministry of Justic
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