Page 394 - MOE ENGLISH PR REPORT - AUGUST 2024

Ministry of Economy continues its efforts in

implementing the UAE’s AML/CFT legislative and

regulatory system in accordance with international

best practices

09/08/2024

H.E. Al Saleh: Implementation of the due diligence policy for the responsible sourcing of gold
enhances the role of the Ministry in the sector’s governance

Abu Dhabi, 9 August 2024:

The Ministry of Economy affirmed that it continues its efforts to implement the legislative and
regulatory system for anti-money laundering in the country, in accordance with international best
practices. In addition, the Ministry continues to monitor the Designated Non-Financial Businesses
and Professions (DNFBP) sector in order to ensure its highest levels of compliance with the UAE’s
AML/CFT legislation.

The Ministry explained that the implementation of the policy on due diligence regulations for the

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