The UK-UAE strengthen their cooperation on illicit finance
Security Minister, Dan Jarvis, this week visited the UAE to continue the two nations’ shared aim to tackle illicit finance and counter terrorism financing, promoting security for all citizens.
The Security Minister met with Minister of State in the Ministry for Foreign Affairs, His Excellency Ahmed bin Ali Al-Sayegh, and completed a significant visit, including meeting with the Dubai Police Commander in Chief.
These meetings marked a significant step forward in the UK and UAE’s ongoing shared efforts to further deliver on the UK-UAE Partnership to tackle illicit financial flows. Both parties agreed to increase judicial cooperation, and ensure the continuous alignment in their approach to illicit finance.
It reaffirmed the UK and UAE’s commitment and ambition to increase cooperation and to build a stronger, more effective partnership in the fight against illicit finance, reinforcing both nations’ roles as leaders in global efforts to tackle this threat.
Security Minister, Dan Jarvis, said:
The Government understands the importance of international cooperation in tracking, intercepting, and stopping the flow of illicit funds between the UK and UAE.
This partnership remains critical to our nations’ missions for countering global crimes and protecting national security, which is the foundation of our Plan for Change.
The UK and UAE have worked to target the financial infrastructures that organised crime groups heavily rely on. This includes the work of the Combined Anti-Money Laundering Operational Team (CAMLOT), a joint initiative designed to tackle money laundering operations and identify hidden financial networks tied to illicit activities.
Through this initiative, the UK and UAE have targeted criminal organisations, weakening the sophisticated financial operations used to fund crime globally.