Officials during the launch of anti-money laundering platform. WAM
The UAE has become the first country in the Gulf to launch a new reporting platform developed by the United Nations Office on Drugs and Crime (UNODC), to curb organised crimes.
The new anti-money laundering system platform named 'goAML' already went live in May and all financial entities being supervised by the UAE Central Bank have to register on this system by 27th June, the UAE Central Bank officials announced on Sunday in Abu Dhabi.
Of around 900 entities that are required to register on the platform, 50 percent of them have already registered, the officials added at a press conference.
The UAE’s Financial Intelligence Unit will use the platform to gather and analyse intelligence submitted by reporting entities, which then analysed and disseminated to law enforcement authorities.
The officials said that all the financial entities being supervised by the Central Bank, such as banks, insurance companies and money exchange centres have to register before the deadline.
In an effort to share its pioneering experience with the world, the Hamdan Bin Mohammed Smart University (HBMSU), showcased its “Global Benchmarking Framework and Data Set for Online, Open, Smart and Technology-enhanced Higher Education” while participating in the UnescoMobile Learning Week 2019, held recently in Paris.
The UAE called on the UN to hold Member States accountable for terrorism financing during a UN Security Council Open Debate on combating terrorism financing presided by France’s Foreign Minister Jean-Yves Le Drian.
The United Nations High Commissioner for Refugees, Filippo Grandi, has said that the Sharjah International Award for Refugee Advocacy and Support should be commended for making the refugee issue more relatable by bringing the human face of the crisis to the fore.
Saied was on 19 per cent, leading imprisoned media magnate Nabil Karoui, who was on 14.9 per cent, and ahead of the candidate from the Islamist-inspired Ennahdha party Abdelfattah
The Department of Community Development Abu Dhabi will be organising an event to give licence to 18 non-Muslim places of worship, on Sept.22, 2019, at the Emirates Palace Hotel.
Sheikh Mohamed Bin Zayed in a phone call to Saudi Crown Prince has said that the UAE stands with Saudi Arabia in confronting all menacing threats to its security and stability.