Policy and Procedures Working Group (PPWG)

Mrs. Noora BAHAR
Chair, Policy and Procedures Working Group, 2016-2018

In February 2016, I was selected to Chair the Egmont Policy and Procedures Working Group (PPWG).  As the first Qatari woman selected for such an important role and this being a newly formed working group as part of the revised structure for Egmont to achieve its strategic objectives, I am proud to lead an assembly of member FIUs and international organizations to promote a greater FIU understanding and implementation of the FATF standards.

The PPWG mandate is to develop operational policy and provide advice on strategic issues impacting the Egmont Group, including the effective exchange of information and adherence to international standards.

The PPWG has become the custodian of key Egmont Group documents – the charter, principles of information exchange and operational guidance. PPWG seeks through its policy development and projects to ensure FIUs exchange intelligence and expertise in ways that meet the challenges of the money laundering and counter terrorist financing (AML/CFT) environment.

PPWG also supports the relationships that Egmont has with partners like the Financial Action Task Force (FATF) and as one example of PPWG’s work, it enabled through a balanced policy framework, the direct access of Egmont Observer organisations to Egmont’s secure platform – aiding collaboration and engagement on AML/CFT.

The overall role of the PPWG includes providing strategic advice to assist the Egmont Committee and broader Egmont Group and assisting other working groups in particular the Information and Exchange Working Group, implement operational findings or develop related policy or advice. Current priorities for PPWG include the types of financial intelligence that FIUs should access and how FIUs can best operate within national and the international CFT architecture.

In executing the PPWG mandate, I draw upon the able support from my own authorities and those of my two vice-chairs, to continually seek ways to clarify and enhance the legal framework in which FIUs operate to facilitate the exchange of information, expertise and cooperation.

During my time at the Qatar FIU I have led and managed a number of strategic initiatives and projects, including MENAFATF project working groups , and I look forward to progressing the priority issues for Egmont members in the context of combatting terrorism financing and promoting financial transparency.

As Qatar strives to be a regional and global AML/CFT leader, so too does Egmont in its role of bringing FIUs together to operationalize financial intelligence exchange to combat ML/TF risks.