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UAE Prosecutor’s Office to launch ‘Financial Crimes Forecasting Forum’ on October 11

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He UAE Prosecutor’s Office is launching the “Financial Crime Forecasting Forum” in October 11th, under the title: “Virtual asset-based money laundering crimes”, which is organized in anticipation of the upcoming International Summit on Metaverse Governance and Emerging Technology, scheduled to begin early next year in 2024.

The forum aims to study and analyze financial crime trends and explore proactive preventive measures based on modern and future global trends.

Additionally, the forum seeks to explore the future of financial crimes in all its forms and delve into in-depth investigations to present them as topics of the upcoming International Summit on Metaverse Governance and Emerging Technology.

The forum will host a select group of speakers from the UAE Prosecution Office (the organizers of the Forum), as well as the Securities and Commodities Authority, the Cyber ​​Security Council, the Executive Office of Anti-Money Laundering and Financing of Terrorism, the UAE Financial Office Information Unit, Dubai Police Headquarters, the Dubai Economic Security Centre, the Dubai Public Prosecutor’s Office and the Dubai Virtual Assets Regulatory Authority.

The forum will be attended by experts and stakeholders from various fields and federal and local government entities.

The forum presents an opportunity to exchange experiences and improve awareness and commitment to combat various forms of financial crimes, especially those based on virtual assets.

Experts will discuss the evolution of financial crimes related to virtual assets to shed light on how to strike a balance between technological advances and financial security guarantees. Additionally, it aims to develop scenarios for future information security challenges in the financial and banking sectors and the cyber risks they may face.

News source: Emirates News Agency

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