"Executive Office" Participates in a high-level anti-money laundering meeting in Vienna
Vienna, May 14 / WAM / His Excellency Hamed Al Zaabi, Director-General of the Executive Office to Combat Money Laundering and Terrorist Financing (the Executive Office), participated in the high-level round table meeting to combat money laundering, which was held on the sidelines of the thirty-third session of the United Nations Commission on Crime Prevention and Criminal Justice, which It was held in the Austrian capital, Vienna.
Her Excellency Ghada Fathi Waly, Director-General of the United Nations Office in Vienna and Executive Director of the United Nations Office on Drugs and Crime (UNODC), hosted the roundtable, which included high-level international figures in the fight against financial crimes, including T. Raja Kumar, Chairman of the Financial Action Task Force (FATF), and Jürgen Stock, Secretary General of Interpol.
The round table addressed the topic of strengthening international cooperation in combating financial crimes, which in turn contributes, through international partners, to strengthening the strategic objectives of the United Nations Office and its mission to contribute to achieving peace and security and promoting human rights and development at the global level by making the world safer from drugs, corruption and terrorism.
His Excellency Hamid Al Zaabi, Director General of the Executive Office to Combat Money Laundering and Terrorist Financing, stressed the high-level commitment made by the UAE in combating financial crimes and its priority given to effective international cooperation and multilateral solutions.
He added that the work undertaken by our country in recent years has undoubtedly led to improving technical compliance, but the greatest achievement lies in the impact and effectiveness of these improvements. With the development of financial crime patterns, exploitation of new technology has become more common than before, including cybercrime, fraud, and other risks. Virtual assets.
He pointed out that tangible progress has been achieved in developing the appropriate regulatory framework to monitor and combat these activities and reduce their risks. Instead of considering this a culmination, we must realize that our progress is just a step along an ongoing journey that requires persistent efforts and effective participation with our international counterparts in Combating financial crime globally.
The Director-General of the Executive Office praised the critical role of the Commission on Crime Prevention and Criminal Justice and the United Nations Office on Drugs and Crime in improving international action to combat national and transnational crime, expressing the critical importance of the efficiency and fairness of criminal justice administration systems.
He stressed that the memorandum of understanding signed between the Executive Office and the United Nations Office on Drugs and Crime in October 2022 is one of the means of strong coordination existing between the two parties in the areas of confronting money laundering crimes.
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