Rabat: A delegation from the UAE’s National Anti-Money Laundering and Combatting the Financing of Terrorism and Financing of Illegal Organisations Committee (NAMLCFTC), led by Hamid AlZaabi, Secretary General and Vice-Chair of the National Committee, has concluded a three-day official visit to the Kingdom of Morocco. The visit focused on enhancing cooperation between the two nations in combating money laundering, terrorism financing, and illegal financial activities.
According to Emirates News Agency, the visit, held from 22 to 24 April, was organized in cooperation with the National Financial Intelligence Authority of Morocco. It aimed to reinforce strategic coordination in the areas of anti-money laundering (AML), counter-terrorism financing (CFT), and counter-proliferation financing (CFP). The program included joint technical workshops, high-level meetings, and the exchange of best practices on topics such as sanctions implementation, use of artificial intelligence in AML/CFT efforts, national risk assessments, and supervision of non-profit organizations.
Both sides emphasized the importance of bilateral cooperation to enhance regional and global financial security. They underscored the need for continued exchange of expertise and closer coordination to strengthen supervisory systems and align with international standards. Hamid AlZaabi highlighted the shared commitment of the UAE and Morocco to confront growing challenges in financial crime at regional and international levels, aiming to foster a resilient regional financial system.
Dr. Jawhar Nfissi, President of the National Financial Intelligence Authority of Morocco, emphasized the common vision shared by Morocco and the UAE for regional and international security. The visit was seen as pivotal, with both nations preparing for mutual evaluations and developing national frameworks. The discussions and technical sessions in Rabat showcased the maturity of their partnership and ambition to set a model for the Middle East and North Africa region.
The sessions addressed various topics, including supervision and oversight of casinos and gaming institutions, targeted financial sanctions, national risk assessment methodologies, utilization of artificial intelligence in AML/CFT frameworks, supervision of non-profit organizations, and the role of the private sector in advancing AML/CFT efforts.
AlZaabi expressed appreciation to the President of the National Financial Intelligence Authority in Morocco for the warm reception and high level of professionalism. The UAE reaffirmed its commitment to sustained cooperation aimed at building safer, more transparent, and sustainable financial systems across the region.
