UAE and Malta exchange experiences in Anti-Money Laundering and Countering Financing of Terrorism

UAE and Malta exchange experiences in Anti-Money Laundering and Countering Financing of Terrorism

ABU DHABI, 14th June, 2023 (WAM) -- The Ministry of Economy organised a training workshop, held jointly by the UAE and Malta, from 12th to 15th June, to enhance cooperation and facilitate the exchange of experiences between the two countries in the field of Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT).

The workshop was held in the presence of Abdullah bin Touq Al Marri, Minister of Economy; Maria Camilleri, Ambassador of Malta to the UAE; Ministry of Economy representatives, the National Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations Committee; the Ministry of Foreign Affairs, and the AML/CFT Executive Office. Additionally, representatives of regulatory authorities and licensing authorities in the country, including financial and commercial free zones also attended the workshop.

In his opening speech, Al Marri said, “The UAE is keen to strengthen partnerships and exchange expertise and experiences with our global partners in various fields, especially economic ones, to achieve common development goals.

“The hosting of this workshop is an outcome of the second meeting with several officials of the Financial Services Authority and the Financial Intelligence and Counter-Terrorism Unit in Malta last April. It also reflects the shared desire of our two countries