UAE

Emirati Officer Joins Global Task Force to Combat Financial Crime

Yesterday, Abu Dhabi Media Office released information that Major Saad Ahmed Al Marzooqi has been chosen as the first Emirati to join FATF’s International Co-operation Review Team. This appointment was made known through a statement from the office.

It may be important to note that FATF is an intergovernmental organization founded in 1989 and tasked with promoting the anti-money laundering (AML) and countering financing of terrorism (CFT) agenda globally. Maj Al Marzooqi will help countries deal with any defects connected with their financial crime prevention policies. A trip to Africa is on his schedule where he will participate in the evaluation of action plan for a given country.

While expressing his pride at being part of it, Maj Al Marzooqi pointed out how UAE is continuously fighting different types of financial crimes. His selection further confirms that UAE has taken adequate measures against money laundering and terrorist financing.

In February, after investing on significant reforms, UAE was removed from the FATF “grey list.” It had confirmed through its review, which showed the country’s commitment to improve its financial supervisory framework; this move occurred because otherwise, it would not have earned a spot on such list since 2022.

Sheikh Abdullah bin Zayed as Chairperson of Higher Committee Overseeing National Strategy for Anti-Money Laundering and Combatting Financing Terrorism

Julie Buere

Julie Ann Sotto Buere is a seasoned expert in social media, copywriting, captioning, lead generation, and graphics. With a deep passion for social media, she excels in creating compelling content and innovative strategies that drive engagement and growth. Julie’s expertise in crafting impactful messages and visuals makes her an invaluable asset in the digital marketing landscape. It comes as no surprise that she also ventured in the writing as it is part of her expertise in social media. Reach her at julie@fame.me.

Recent Posts

Abu Dhabi Announces Public Bus Timings and Closures for Hijri New Year 1447

The Integrated Transport Centre (ITC) of Abu Dhabi has revealed the schedule and details of…

2 days ago

Team Abu Dhabi Begins 2025 UIM F2 World Championship in Italy

Team Abu Dhabi will open its 2025 UIM F2 World Championship challenge this weekend with…

2 days ago

Brad Pitt’s F1 Film Leads UAE Box Office This Weekend

Cinemas in the UAE are gearing up with a big bang as the leadership weekend…

3 days ago

UAE Ramadan and Eid 2026 Dates Announced by Emirates Astronomy Society

The Emirates Astronomy Society has published the predicted times of the major Islamic holidays in…

3 days ago

Dubai Welcomes 8.68 Million Tourists in Early 2025 as Hotel Sector Hits New Highs

The tourism sector in Dubai keeps rising with 8.68 million visitors who are international coming…

4 days ago

Dubai’s RTA Explores Quantum Technology to Revolutionize Traffic and Transport

The Roads and Transport Authority (RTA) of Dubai is considering the future applications of the…

4 days ago