Gulf banks fo­cus on tack­ling ter­ror fund­ing

7 Days in Dubai - - NEWS -

Com­bat­ing money laun­der­ing and the fi­nanc­ing of ter­ror­ism are among the chal­lenges that were dis­cussed at the meet­ing of GCC cen­tral banks. Mubarak Rashed Al Man­soori, Gov­er­nor of the UAE Cen­tral Bank, was among the del­e­gates to at­tend the 66th Meet­ing of the Com­mit­tee for the Gov­er­nors of the GCC Cen­tral Banks and Mone­tary In­sti­tu­tions in Riyadh. Del­e­gates also dis­cussed po­ten­tial train­ing for gulf bank em­ploy­ees with Euro­pean cen­tral banks. “In re­turn, GCC coun­tries could lend their ex­per­tise to fa­cil­i­tate the de­vel­op­ment of Is­lamic fi­nanc­ing in Euro­pean coun­tries,” UAE news agency WAM re­ported.

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