National Committee for Anti Money Laundering holds first meeting for 2012
WAM Abu Dhabi, May 20th, 2012 (WAM)--National Committee for Anti-Money Laundering held its first meeting for the year 2012 today at the headquarters of Central Bank of the UAE in Abu Dhabi under the chair of Sultan Bin Nasser Al Suwaidi, Governor of Central Bank of the UAE, Chairman of the Committee.
Present were the members of the Committee, representatives from the Ministry of Interior, the General Headquarters of Abu Dhabi Police, General Headquarters of Dubai Police, the State Security Service, the General Department of State Security in Dubai, the Ministry of Finance, the Ministry of Economy, Department of Economic Development in Abu Dhabi, Dubai Department of Economic Development, the Federal Customs Authority, the Securities and Commodities Authority, the National Bank of Abu Dhabi, Mashreqbank, Emirates and National Bank of Dubai and Al Rostamani Exchange.
The Committee discussed the topics on its agenda. It reviewed and endorsed the minutes of fourth meeting of the National Committee for Anti-Money Laundering of year 2011.
The Executive Director, an official of Unit of Anti-Money Laundering and Suspicious Cases presented a demonstration on the Warning Declaration, which was published by the Arabic and English newspapers in April regarding the charities and non-licensed and unregistered investment companies in the UAE, as well as the warning published by the Arabic and English newspapers last April on a false or fraudulent documents.
He also presented the annual report for the year 2011 of the Unit of Anti-Money Laundering and Suspicious Cases, which will be released soon.
The Committee reviewed the rest of the topics on its agenda and took appropriate decisions WAM/MN