The Ministry of Economy has signed MoUs with several authorities, including the Economic Security Centre of Dubai and the Dubai Land Department.
The move aims to strengthen the country’s regulatory framework, improve transparency and enhance the fight against financial crime in line with international standards.
These agreements will also support greater information sharing while supporting the Ministry’s supervisory role.
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.
Source: https://www.dubaieye1038.com/news/local/uae-strengthens-financial-crime-controls-with-key-agreements/
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