Page 452 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/23/25, 3:58 PM Ministry of Economy inks MoUs with key national entities to boost cooperation in combating money laundering and financial crimes …
Control and Governance Sector; H.E. Faisal Yousef bin Selaitin, CEO of the Economic Security Center of Dubai; and
H.E. Majid Saqr Al Marri, CEO of the Real Estate Registration Sector at the Dubai Land Department, along with other

government officials.

The initiative is part of continuing efforts to strengthen institutional integration and partnerships to improve monitoring
and compliance systems and facilitate the exchange of data among signatories, in support of their shared objectives to

counter financial crimes in the UAE.

The MoUs establish clearly defined frameworks for technical cooperation, capacity building, and knowledge exchange,
as well as secure data sharing mechanisms that ensure confidentiality and compliance with relevant legal and regulatory

frameworks.

Representatives of the signatory entities affirmed the importance of enhancing national efforts to address the challenges
of money laundering, terrorism financing, and the proliferation of weapons, through a sustainable and institutional

approach. They emphasized that such efforts support the UAE’s readiness for the upcoming mutual evaluation, help
ensure high levels of legislative and regulatory compliance and improve efficiencies in addressing cross-border financial
crimes. These measures also contribute to achieving sustainable economic growth and improving the country’s ranking

in global competitiveness indices. The representatives reiterated their full commitment to supporting initiatives that
protect the national economy and strengthen financial security.

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