Gulf News, 28 April 2026: The National Committee for Anti‑Money Laundering, Combating the Financing of Terrorism and Proliferation Financing, chaired by Khaled Mohamed Balama, Governor of the Central Bank of the UAE, has adopted a comprehensive set of decisions and initiatives to strengthen national readiness, investigation tools, and institutional integration.
During its second meeting of 2026, attended by ministers and senior officials, the Committee approved the restructuring of subcommittees and updating of mandates to reflect current priorities. It also endorsed new work methodologies and follow‑up mechanisms to support effective national decision‑making.
A key measure was the adoption of the National Guide on Financial Intelligence and Money Laundering Investigations, which updates procedures for organising investigations, tracking and confiscating assets, and coordinating among competent authorities. The guide incorporates virtual assets and regulates asset recovery mechanisms, enhancing the reach and effectiveness of financial investigations.
The Committee further approved risk assessments covering financial institutions, virtual asset service providers, and designated non‑financial businesses and professions, enabling more precise supervisory and enforcement actions. It also endorsed the National Risk Assessment for Proliferation Financing (public version) and the National Risk Assessment for Non‑Profit Organisations, strengthening transparency and risk‑based oversight.