Page 18 - SLC PR REPORT - OCTOBER 2024

Press Release

SLC signs MoU with Financial Audit Authority for legal and institutional cooperation

17 October 2024 - The Supreme Legislation Committee in the Emirate of Dubai (SLC) and the Financial

Audit Authority (FAA) have signed a Memorandum of Understanding (MoU) aimed at enhancing
bilateral cooperation in the legal and institutional fields, and developing joint efforts to monitor the
compliance of government entities in the Emirate of Dubai with applicable legislation. The MoU seeks to

establish clear parameters for integrating the respective roles of both parties in this regard.

The MoU was signed by H.E. Ahmad Saeed bin Meshar Al Muhairi, SLC Secretary General, and H.E.

Abdulrahman Hareb Rashed Al Hareb, Director General of the FAA. The MoU paves the way for both
parties to leverage each other’s legal expertise and foster strong mutual collaboration, particularly with

respect to conducting joint legal training, as well as organising meetings and specialised training courses
focused on legislative compliance.

H.E. Ahmad Saeed bin Meshar Al Muhairi stated: “The MoU with the FAA reflects our shared

commitment to strengthening cooperation and coordination in the legal and institutional sectors. The MoU
contributes to building bridges of collaboration between both parties, enabling each to achieve its

objectives more efficiently through the exchange of recommendations, expertise, and knowledge in a wide
range of areas relevant to legal and legislative frameworks. This will lead to a more effective and
comprehensive legislative and audit system. At the SLC, we look forward to further enhancing our
cooperation with the FAA and exploring prospects for developing coordination in areas of mutual interest.”

H.E. Abdulrahman Hareb Rashed Al Hareb commended this collaboration, saying: “The MoU with the
SLC aligns with our strategic plans to synergise efforts and build partnerships aimed at enriching legal

knowledge and strengthening joint collaboration in the area of legislative audit. It seeks to ensure that
government entities comply with the legislation in force, while also offering an excellent opportunity for
both parties to foster cooperation and exchange expertise in the legal and institutional fields. This is

consistent with our goals of safeguarding public funds and ensuring the highest standards of integrity,
accountability, and transparency.”