Page 447 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/23/25, 3:57 PM Latest News

Ministry of Economy inks MoUs with key national

entities to boost cooperation in combating money

laundering and financial crimes

18/04/2025

Agreements define clear frameworks for technical cooperation, knowledge

exchange, and capacity building while ensuring data privacy compliance

Abu Dhabi, April 18, 2025: The Ministry of Economy signed a series of MoUs with several competent national
authorities in the field of anti-money laundering and countering terrorism financing, including the Economic

Security Centre of Dubai (ESCD) and the Dubai Land Department (DLD). The agreements aim to strengthen
national efforts in developing the regulatory infrastructure, enhancing integrity and transparency systems,

and improving mechanisms to combat financial crimes in accordance with international best practices. The
MoUs also facilitate the exchange of data and information, while supporting the Ministry’s supervisory role
under the relevant national legislation.

The signing ceremony was held on the sidelines of the “Role of the Designated Non-Financial Businesses
and Professions (DNFBPs) Sector in Combating Financial Crimes" summit, which took place recently in

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