Page 240 - MOET ENGLISH PR REPORT - JULY 2025

the highest levels of compliance with anti-money laundering legislation in the country's designated
non-financial business and profession sectors, based on a clear mechanism for on-site and on-site
inspections.
She stated that these inspection campaigns are part of the Ministry's strategy to build a business
environment based on transparency and governance, and to activate proactive oversight tools to
address risks related to money laundering and terrorist financing. This will consolidate the UAE's
position as a trusted economic hub that adheres to the highest global standards of compliance.

Al Safi explained that inspection teams detected violations based on specific technical indicators
and regulatory standards, noting that the imposition of administrative penalties primarily aims to
encourage establishments to rectify their situations and improve their internal systems, particularly
with regard to implementing due diligence procedures, improving the quality of risk assessments,
and enhancing the reporting of suspicious transactions.

Through these efforts, the Ministry of Economy and Tourism said it is working to spread a culture of
preventive compliance and build genuine institutional awareness within the targeted sectors. It
also continues field monitoring and evaluation to ensure full compliance with relevant legislation.

The Ministry called on all entities subject to anti-money laundering legislation to take advantage of
this phase to develop their oversight systems and fully comply with regulatory requirements. It
affirmed its continued implementation of inspection and oversight campaigns in accordance with a
precise oversight plan based on international best practices.

https://www.dubaieye1038.com/news/business/uae-imposes-aed-42m-in-fines-over-money-
laundering-in-h1/