The State of Qatar participated at the inaugural Ministerial Meeting held in Manama, Bahrain on the 30th of November 2004, and supported the establishment of MENAFATF as the FATF-Styled Regional Body (FSRB) for the Middle East and North Africa Region (“MENA Region”).

The objectives of MENAFATF are:

• • To adopt and implement the FATF Standards on combating money laundering and financing of terrorism and proliferation of weapons of mass destruction;
  • To implement the relevant United Nations (UN) Treaties and Agreements, and UN Security Council Resolutions;
  • To cooperate among member countries to raise compliance with international standards within the MENA Region and to cooperate with other international and regional organizations, institutions and agencies to improve compliance worldwide;
  • To work jointly to identify issues of regional nature related to money laundering and terrorist financing, and to share relevant experiences and to develop solutions dealing with them; and
  • To take measure throughout the region to effectively combat money laundering and terrorist financing in a way that does not contradict with the cultural values, constitutional framework and legal systems in the member countries

For more information, please visit the MENFATF website: https://www.menafatf.org/