Governor of UAE Central Bank emphasises importance of adhering to FATF standards

Emirates News Agency | Sep 15, 2020 at 9:12 PM
  • Abdulhamid Saeed Alahmadi, Governor of the Central Bank of the UAE, CBUAE, has said that in light of the COVID-19 pandemic, central banks across the globe have played a fundamental role in promoting continued economic activity and safeguarding their respective banking and financial sectors.
  • The meeting was also attended by experts from various international institutions where one of the key subjects discussed was the progress in efforts to combat money laundering and terrorist financing and the importance of expanding financial inclusion.
  • Commenting on these developments, the Governor of CBUAE, endorsed the importance of addressing this issue as part of the UAE’s national agenda and stressed on the necessity to take appropriate actions regarding combating money laundering and the financing of terrorism.