The Dubai Police and the GCC Office of the UNODC (United Nations Office on Drugs and Crime) have signed an agreement to create an international diploma specializing in money laundering and terrorist financing.

Major General Khalil Ibrahim Al Mansouri, Assistant Commander-in-Chief for Criminal Investigation Affairs at Dubai Police, and Judge Dr Hatem Ali, the UNODC Region Director, signed the agreement at Expo 2020 in the presence of Brigadier Jamal Salem Al Jallaf, Director of the General Department of Criminal Investigation (CID).); Director General Hamid Al Zaabi, Executive Office for Combating Money Laundering and Terrorist Financing; Brigadier Abdulaziz Al Ahmad, Deputy Director-General of the Federal Criminal Police at the Ministry of Interior, Chairman of the UAE Money Laundering Crimes Investigations Authorities Sub-Committee; Jawhar Al-Nafisi, President of the MENAFATF; and several officers and individuals from both sides..

During the next week, a money laundering and terrorist financing training course will be conducted for trainers. Colonel Juma'a Ali Al Rahoumi, Director of the Anti-Money Laundering Department at the General Department of Criminal Investigation, said the diploma takes into account the methodology of the Financial Action Task Force (FATF), the strategy of the United Nations Convention against Transnational Organised Crime, and all related international conventions.

The diploma comprises 19 scientific subjects geared towards proving money laundering crimes and efficiently tracking illegal assets and criminal proceeds according to FATF standards for inferences investigations and tracking of money transfers across financial institutions.

Al Rahoumi explained that the Diploma is aimed at the personnel of 21 federal and local entities in the UAE linked to the UAE Executive Office for Combating Money Laundering and Terrorist Financing.

"We will follow the same approach in applying the diploma on combating money laundering and terrorist financing, which we launch at the national level, and in the coming years, it will become available to other countries at the regional and international levels. We hope that this diploma will be the main driver of an integrated professional development programme on combating money laundering and terrorist financing," Judge Ali said.

SOURCE: KHALEEJTIMES