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04 October 2023

Executive Office of Anti-Money Laundering and Counter Terrorism Financing, Moroccan Financial Intelligence Unit discuss enhanced cooperation


Hamid AlZaabi, Director-General of the Executive Office of Anti-Money Laundering and Counter Terrorism Financing (EO AML/CTF) met with Dr. Jawhar Al-Nafisi, Chairman of the Moroccan Financial Intelligence Unit (FIU), on the sidelines of the Middle East and North Africa Financial Action Task Force (MENAFATF) meeting, which was held in Rabat, Morocco between 9th - 18th January, 2023.

The meeting agenda included a review of current cooperation between the UAE and Morocco and a discussion on ways to further promote collaboration. It also addressed efforts to ensure sustainability and effectiveness in combatting money laundering and terrorist financing, as well as enhance the security of financial and economic systems in the two countries in particular and the Middle East and North Africa region in general.

The two parties also discussed the signing of a Memorandum of Understanding (MoU) between the EO AML/CTF and Moroccan FIU to further enhance coordination on a number of key projects, such as public-private sector partnership and virtual assets, in addition to holding joint training and outreach workshops.

The meeting was also attended by Talal Al Tunaiji, Director of the Executive Office for Control and Non-Proliferation, Judge Abdul Rahman Murad Al Balushi, Acting Assistant Under-Secretary for Legal Affairs at the UAE Ministry of Justice, and other officials.