Page 148 - MOET ENGLISH PR REPORT - JULY 2025

7/30/25, 3:50 PM UAE and Palestine Strengthen Cooperation in Anti-Money Laundering and Financial Crime Prevention
He reaffirmed the UAE's commitment to supporting Palestine's financial governance efforts, adding that sharing expertise in AML/CFT is
a priority under the UAE’s vision for regional economic development and cooperation.

Role Of The National Economic Register

The meeting also included a detailed review of the National Economic Register (NER)—the UAE’s largest unified digital platform for
commercial license data. The NER supports international compliance by integrating Ultimate Beneficial Ownership (UBO) data and
enhances regulatory oversight for Designated Non-Financial Businesses and Professions (DNFBPs) such as real estate brokers, dealers
in precious metals, accountants, auditors, and corporate service providers.

Shared Commitment And Capacity Building

Both sides expressed a strong commitment to strengthening bilateral cooperation and aligning regulatory and supervisory frameworks to
curb financial crimes. They also emphasized the need for specialized training programs to equip financial professionals with the skills to
identify and prevent emerging threats, thereby ensuring the financial integrity and resilience of both the UAE and Palestinian economies.

https://www.dayofdubai.com/news/uae-and-palestine-strengthen-cooperation-in-anti-money-laundering-and-financial-crime-prevention 2/2