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6/12/25, 3:30 PM UAE Steps Up AML Efforts with Ministry of Economy and Dubai Police Pact | The Fintech Times
The agreement, signed during the World Police Summit in Dubai,

will strengthen coordination and information exchange between the

two institutions, supporting broader national efforts to combat

financial crimes and bolster regulatory integrity.

The MoU was formalised by H.E. Safia Hashim Al Safi, Assistant

Undersecretary for Commercial Control and Governance at the

Ministry of Economy, and H.E. Major General Expert Khalil Ibrahim

Al Mansoori, assistant commander-in-chief for criminal investigation

affairs at Dubai Police.

H.E. Al Safia outlined how the UAE has made significant progress in

implementing advanced strategies and regulatory measures to counter

money laundering and terrorism financing, in line with international

standards.

The pact

The agreement establishes a framework for joint AML/CFT initiatives,

including monitoring and inspections to identify illicit activities. It

aims to boost the effectiveness of risk response systems and fortify

national efforts to counter financial crime.

Under the MoU, the Ministry and Dubai Police will develop integrated

mechanisms for sharing data on suspicious transactions and beneficial

ownership, as well as secure communication channels to ensure

confidentiality.

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