Dubai: H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, chaired the 22nd meeting of the Higher Committee overseeing the National Strategy on Anti-Money Laundering and Countering the Financing of Terrorism and Proliferation Financing.
According to Emirates News Agency, this was the first meeting held by the Higher Committee following the adoption of Federal Law No. (10) of 2025. This law is part of the UAE's ongoing efforts to enhance its legislative and regulatory framework, aligning it with international best practices in combating financial crimes.
H.H. Sheikh Abdullah bin Zayed emphasized the UAE's commitment to strengthening its national framework against money laundering and terrorism financing. He instructed national teams to prepare diligently for the upcoming Financial Action Task Force (FATF) mutual evaluation assessment, aiming to achieve favorable outcomes that reflect the UAE's dedication to protecting both the national economy and the global financial system.
Hamid Al Zaabi, Secretary-General and Vice Chairman of the National Committee, provided updates on the National AML/CFT/CPF Strategy and Action Plan. He highlighted preparations for the FATF mutual evaluation process, which includes the submission of the Effectiveness Report and preparations for FATF's on-site visit in June.
During the meeting, the Higher Committee approved the National Proliferation Financing Risk Assessment. This assessment enhances the understanding of risks and the effectiveness of preventive measures related to proliferation financing. Additionally, a mechanism to update the National Risk Assessment for AML/CTF and the National Strategy every three years was approved, ensuring ongoing effectiveness and alignment with global standards.
The meeting also underscored the importance of capacity building and strengthening national expertise through comprehensive training programs. Indicators showed improvements in the national system's effectiveness, with national authorities confiscating AED 5.4 billion in assets during 2025 and extraditing 377 individuals between 2022 and the end of 2025.
The Higher Committee affirmed the UAE's achievements in combating financial crime, which have bolstered its position as a trusted regional and international partner. The meeting took place via remote video conference and was attended by several high-ranking officials, including ministers and security leaders.