Abu Dhabi: The UAE National Committee for Anti-Money Laundering and Combatting the Financing of Terrorism and Illegal Organisations (NAMLCFTC) is set to host the inaugural Asia-Pacific Group (APG) annual meeting and Technical Assistance and Training Forum starting from the 22nd September in UAE and MENA region.
The event brings together representatives from member countries to discuss critical issues related to anti-money laundering and counter-terrorism financing.
The APG represents 42 jurisdictions across the Asia-Pacific region, with an additional eight observer jurisdictions and 33 observer organisations. UAE joined Asia Pacific Group as an observer in the year 2023, as the first Arab country.
This landmark gathering underscores the UAE’s commitment to enhancing financial integrity and security across the Asia-Pacific region. Participants will engage in discussions aimed at strengthening collaboration among nations to combat financial crimes effectively.
Tomorrow marks the launch of the "Asia-Pacific Anti-Money Laundering" meeting for the first time in the UAE and MENA region .
hashtag#APG hashtag#UAE hashtag#uaeamlctf hashtag#namlcftc pic.twitter.com/88W6mKrVBl
— NAMLCFTC (@NAMLCFTC) September 21, 2024
Key speakers, including high-ranking officials from various governments and international organizations, will share insights and best practices. The meeting aims to foster dialogue, promote regional cooperation, and develop strategies that address the evolving challenges in the financial sector.
In addition to the formal sessions, the forum often includes workshops and training sessions designed to enhance the capacity of member states in implementing effective measures against financial crimes.
The APG annual meeting is expected to set the stage for future initiatives and partnerships, positioning the UAE as a leader in promoting regional stability and financial security. Following the forum, there might be specific initiatives or agreements announced, aiming to enhance cooperation among member states and promote best practices in financial regulation.
It was recently that, Executive Office of AML/CFT announced the transition to the The UAE National Anti-Money Laundering and Combatting Financing of Terrorism and Financing of Illegal Organizations Committee (NAMLCFTC).