Page 529 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)
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4/22/25, 4:48 PM Summit Highlighting The Role Of Dnfbps Sector In Fighting Financial Crimes Kicks Off In Dubai
economic environment - further enhancing the UAE's standing as a safe, reliable, and
attractive destination for investment, both regionally and globally.”
His Excellency added:“The summit s happening at a time when the regulatory and control
environment for combating money laundering and countering terrorism financing is
undergoing rapid developments. It serves as a key national platform for strengthening
dialogue, enhancing communication, and fostering integration between regulatory bodies
and the private sector across the UAE.”
H.E. continued,“Through this platform, we aim to advance joint collaboration to enhance
the preparedness of Designated Non-Financial Businesses and Professions (DNFBPs),
and strengthen their alignment with recent adjustments to the Financial Action Task Force
(FATF) methodology. This will be achieved by promoting best practices and creating a
platform for constructive dialogue on challenges and opportunities. These efforts aim to
establish a culture of corporate compliance and achieve the highest levels of
sustainability.”
In his speech, H.E. Talal Al Teneiji, Director of the Executive Office for Control and Non-
proliferation (EOCN), emphasized the collaborative nature of efforts to counter financial
crime. He said:“Addressing financial crimes is not just a regulatory compliance matter; it is
a shared responsibility that requires effective coordination among the public and private
sectors, and across the international level.”
Al Teneiji highlighted the strategic importance of the DNFBP sector, saying,“We are proud
of the valuable participation of the country's government entities and the Designated Non-
Financial Businesses and Professions sector- a strategic partner we value deeply and
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