MENA FCCG (MENA Financial Crime Compliance Group)
Web3 / compliance
The MENA Financial Crime Compliance Group is a regional network of financial crime compliance professionals and institutions across the Middle East and North Africa, focused on coordinating AML, CFT, and financial crime prevention practices across the region's financial sector. MENA FCCG serves as a platform for public-private collaboration between banks, regulators, law enforcement agencies, and virtual asset service providers, and was a Platinum Sponsor of the 2025 GCFFC Annual Summit in Abu Dhabi — the first global financial crime conference where virtual assets dominated the agenda. The group plays a central role in building regional capacity for detecting and preventing the use of digital assets in financial crime across jurisdictions that host VARA, ADGM, and the UAE federal Capital Markets Authority. Example: At the 2025 GCFFC Summit, MENA FCCG co-led sessions on implementing FATF Recommendation 15 for virtual assets, bringing together Interpol, national competent authorities, and major regional banks to develop operational frameworks for cross-border crypto-asset financial crime detection. Why it matters for compliance: MENA FCCG represents the institutionalisation of virtual asset AML compliance across a strategically important region, bridging FATF guidance with ground-level implementation across jurisdictions that collectively host hundreds of licensed VASPs and some of the world's largest crypto trading volumes.
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