Middle East and North Africa Region

Mr. Abdul Hafiz Mansour
Regional Representative Middle East and North Africa Region, 2015-2017

The world is facing unprecedented challenges that necessitate further cooperation among FIUs in the fight against money laundering and terrorist financing, while attributing terrorist financing related matters a top priority. 

The EG MENA region currently comprises 11 FIUs representing the jurisdictions of: People’s Democratic Republic of Algeria, Kingdom of Bahrain, Arab Republic of Egypt, Hashemite Kingdom of Jordan, Republic of Lebanon, Kingdom of Morocco, State of Qatar, Kingdom of Saudi Arabia, Syrian Arab Republic, Republic of Tunisia, and the United Arab Emirates. 

According to the EG charter, the following are among the main roles of regional groups: 

  • Supporting and contributing to the activities of the Egmont WGs. 
  • Preparing a Regional Plan.    
  • Facilitating the support and sponsorship of non-Egmont member FIUs in the region to join the Egmont Group.

As such, the MENA regional representative (Lebanon’s FIU), aside from being an Egmont Committee (EC) member, also assumes the EC Vice Chair position. Other FIUs from the region undertake leading functions: 

  • Qatar FIU – Chair of the Policy & Procedure WG 
  • Bahrain FIU –  Vice Chair of the Membership, Support & Compliance WG 
  • Egypt FIU –  Vice Chair of the Technical Assistance & Training WG 
  • Saudi Arabia & Morocco FIUs – Vice Chairs of the Information Exchange on ML/TF WG

The MENA regional plan has been developed to cover a range of issues and goals which include working, coordinating and assisting non-Egmont FIUs from the region to attain Egmont Group membership, and promoting synergy between the EG and the MENAFATF in implementation of the overall goal of the EG to “go regional” and better align with FATF/FSRBs. Training, technical assistance and FIU capacity building matters are other important topics covered in the regional plan.