UAE signs 19 agreements to fight Money Laundering
The UAE Central Bank has announced that it signed 19 Memoranda of Understanding with different countries. These agreements are aimed to coordinate the efforts against money laundering and terrorist financing.
The Memoranda of Understanding signed in May demonstrated that the UAE is committed to sharing financial information with its partners.
The 17 of the agreements were signed in Doha, Qatar. These are agreements signed with Armenia, Brazil, Bermuda, Belgium, Portugal, Serbia, Lebanon, Estonia, Monaco, Isle of man, Nigeria, Croatia, South Africa, Cook Islands, Macedonia, Malawi and the Philippines.