An Emirati delegation met with US officials to talk about the two countries’ cooperation in the field of money laundering and terrorist financing.
Officials from the US treasury department, as well as the representatives from relevant international organisations were present during the meeting, state news agency WAM has reported.
“The US is one of the UAE’s main strategic partners in combating money laundering, terrorist financing, and proliferation financing,” Hamid Al Zaabi, director-general of the emirate’s Executive Office to Combayt Money Laundering and Terrorist Finacing, said.
He added: “This field, where crimes are complex and transcontinental in nature, requires a high level of global coordination and cooperation with international counterparts.”
Among the topics discussed in the meeting include efforts to mitigate risks associated with virtual assets, illegal wildlife trafficking, and refining the UAE’s proliferation financing risk assessment.
The UAE delegation also discussed the country’s progress in developing its legal framework in line with international industry standards.
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