International conference on terrorism financing begins in Abu Dhabi

ABU DHABI — The three-day International Conference on Investigation and Prosecution in Terrorism Financing, organised by the Ministry of Justice in co-operation with the US Department of Justice and the US Criminal Division, with the participation of a delegation of authorities from Gulf countries, representatives from local and federal prosecutions, and experts from France, Austria and Jordan, started in Abu Dhabi on Monday.

Judge Abdul Rahman Mourad Al Baloushi, Director of the International Cooperation Department at the Ministry of Justice, stressed that the conference is part of the ministry’s strategy to advance partnerships on local and international levels. It also seeks to promote a legal culture by learning the best international practices in legal and judicial fields.

The conference highlighted the role of the legal and judicial community in investigating terrorist-related crimes and prosecuting the participants and funders of terrorist operations.

The conference addressed various important dimensions of the topic, including detection of terrorism financing, current trends in money laundering, tracking of financial transactions, and the financial organisations in the Middle East. It also explored the threats of financing terrorism, the role of commercial banks in the detection of money laundering, the sources of financial monitoring, the role of financial regulatory units in terrorism financing detection, as well as the criminal and judicial prosecution of terrorism financing.

Representative of the Middle East Bureau of Office of Overseas Prosecutorial Development, Assistance and Training (OPDAT) of the Criminal Division, US Department of Justice, stressed the dangerous global challenges facing the international community that are clearly linked to terrorism and sought the unification of efforts to combat terrorist crimes.

Source: Emirates News Agency