ABU DHABI: The UAE and UK have reaffirmed their commitment to combat illicit financial flows, strengthening cooperation to enhance financial security and regulatory frameworks.
During a high-level meeting in Abu Dhabi, Ahmed Al Sayegh, UAE Minister of State, met with Dan Jarvis MP, UK Minister of State for Security, to discuss joint efforts in combating financial crimes. Senior officials from both nations attended the discussions, focusing on anti-money laundering (AML), financial transparency, and emerging threats in the global financial system.
Both parties emphasised the importance of collaboration and intelligence-sharing in curbing illicit activities. They stressed the need for robust regulatory measures to combat financial crimes, ensuring compliance with international standards.
Highlighting the significance of joint initiatives to combat illicit financial flows, the discussions underscored the role of knowledge exchange in building a resilient and secure financial ecosystem. The UAE and UK continue to strengthen financial oversight, supporting efforts to detect and prevent illicit transactions.
The partnership reflects a broader global push towards financial transparency and security, with both nations committed to enhancing regulatory cooperation and tackling financial crime at its roots.
