Page 146 - MOET ENGLISH PR REPORT - JULY 2025

7/30/25, 3:49 PM Minister of Economy and Tourism and Governor of Palestine Monetary Authority discuss cooperation in AML/CFT efforts
Ultimate Beneficial Ownership (UBO) in line with international standards, and enhances oversight of Designated Non-Financial
Businesses and Professions (DNFBPs), including real estate brokers and agents, dealers in precious metals, independent
accountants and auditors, and corporate service providers.

Both sides reaffirmed their commitment to strengthening cooperation and aligning efforts in sharing global best practices for
regulatory and supervisory frameworks to combat money laundering. They further emphasized the importance of specialized training
programs aimed at developing skilled human capital capable of proactively detecting and addressing evolving financial crime
patterns - an essential step in safeguarding financial integrity and reinforcing confidence in both countries’ economic systems.

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