Abu Dhabi, November 20, 2023: The Abu Dhabi Quality and Conformity Council (ADQCC) adopted money transfer technical standards during the third-quarter meeting of the Permanent Technical Committee for Abu Dhabi Technical Standards. The meeting was chaired by H.E Brigadier Jassim Al Harmoudi, Vice Chairman of the committee and Abu Dhabi Police General Command, with 36 members representing 22 government entities in attendance.
These standards serve as a reference for security companies regarding money transfer requirements, aiding companies seeking secure money transfer services in reducing theft, fraud, and preventing funds' use in illegal activities. The standards enhance trust between customers and security companies by employing advanced technologies and procedures directly monitored by the Abu Dhabi Police General Headquarters.
This technical document holds significance for the Emirate of Abu Dhabi, introducing security standards for security guard services through the development of technical and technological standards for private security. Additionally, the standards contribute to establishing safe and specific technical standards for approved vehicles transferring funds in the Emirate of Abu Dhabi.
The meeting underscores the commitment of the Abu Dhabi Permanent Technical Standards Committee and stakeholders to develop and improve technical standards in the Emirate, creating a secure and reliable environment for money transfer and the protection of valuable funds.
"The outputs of the Permanent Committee's work align with the council's efforts to achieve its vision of upgrading the quality infrastructure and contributing to enabling the Emirate of Abu Dhabi to stand out globally, thus enhancing the quality culture, supporting industrial, economic, competitive, productive, and consumer safety development, and contributing to enabling the Abu Dhabi Vision 2023," said H.E Engineer Bader Khamis Alshemaili, Executive Director of the Conformity and Standards Programs Services Sector at the council and Chairman of Abu Dhabi's Permanent Technical Committee.
"The holding of this meeting is an extension of the continuous efforts exerted by the council to involve all concerned parties from the government and private sectors in the development of technical documents that meet regulatory requirements and achieve the desired value for the entities and society as a whole," he added.
He explained that the Abu Dhabi Quality and Conformity Council is working to update technical documents periodically and continuously to ensure that they continue to meet the needs of relevant partners in the Emirate in light of changes, developments, and innovations that occur in all areas that require rapid response and flexibility in the preparation of the standards system.
"These standards aim to provide a reference for security companies to know the requirements for the money transfer process and are a reference for companies that need a money transfer service to prevent theft and fraud of precious funds, to avoid using funds in illegal activities," elucidated Mr. Bader.
"The standards also seek to enhance trust between the customer and the security company through advanced technologies and procedures monitored directly by the general headquarters of the Abu Dhabi Police," he noted.
"This technical document is of great importance to the Emirate of Abu Dhabi, as it introduces the security specifications for security guard services by developing technical and technological standards for private security," he referred.
"The standards also contribute to creating safe and specific technical standards for approved money transfer vehicles in the Emirate of Abu Dhabi," he elaborated.
H.E Engineer Bader Khamis Alshemaili, chairman of the technical committee, thanked all members for their efforts and contributions in formulating these essential standards. He also stressed the importance of applying these standards and the need for continued joint work between the government and private sectors to ensure the highest safety and quality in transferring funds.