April 04,2024

MENA FCCG Members contribute to White Paper entitled “Current Views on Technologies in Anti-Financial Crime”

The Paper, released April 2024, has been developed by the Digital Working Group of the AML/CFT Partnership Forum, a Public-Private Partnership platform set up under the Executive Office of the Anti-Money Laundering and Counter Terrorism Financing in the United Arab Emirates.

The Paper offers a high-level overview of latest technologies that has proven to be or demonstrate encouraging possibilities in significantly improving capabilities to fight financial crime. It caters to a wide universe of stakeholders covering Financial Institutions, Technology providers, Compliance / AML / Regulatory Technology professionals and anyone interested in the Anti-Financial Crime arena.

The Working Group has drawn on the combined experience of more than 50 leading professionals in the Anti Financial Crime field regionally as well as globally including MENA FCCG member banks. By way of background, the Digital Group was formed in Q3 2022 with 8 leading industry practitioners joining hands to start deliberations in a structured manner.

Click to view Paper