Doha: The State of Qatar, represented by the National Anti-Money Laundering and Terrorism Financing Committee (NAMLC) and the Financial Information Unit, took part in the sixth plenary meeting of the 35th session of the Financial Action Task Force (FATF) and associated working group meetings in Paris.

According to Qatar News Agency, Qatar's delegation included HE Head of the Financial Information Unit and NAMLC Member Sheikh Abdullah bin Hamad bin Mubarak Al-Thani and NAMLC Secretary-General Mohammed Saree Rashid Al Kaabi. The meeting focused on the development of international policies and standards for combating money laundering, terrorist financing, and arms proliferation financing. Discussions also included updates on the new round of mutual assessments and emerging risks and trends such as virtual assets, decentralized finance, and terrorist financing through social media and messaging applications.

The meeting provided updates to the list of countries under enhanced monitoring (the grey list) and adopted the priorities for the upcoming FATF presidency. The priorities emphasize strengthening fraud prevention, developing a risk-based approach, and fostering partnership and information sharing between the public and private sectors.

FATF also conducted several working group and specialized technical group meetings to discuss future work priorities and enhance the effectiveness of implementing international standards. These sessions facilitated the exchange of experiences among member states in combating money laundering, terrorist financing, and arms proliferation financing, contributing to global efforts to address evolving financial risks.

Qatar's participation underscores its commitment to support FATF efforts, contribute to the development of international standards, enhance international cooperation, and improve its national system for combating money laundering, terrorist financing, and arms proliferation financing in line with FATF's international standards.