UAE Financial Intelligence Unit signs MoU with Bangladesh
Ali Faisal Ba'Alawi, Head of the UAE FIU, signed the MoUs with Amina Ali, Director of the FRC of Somalia, and Abu Hena Mohammad Razee Hassan, Head of the BFIU.
The United Arab Emirates' Financial Intelligence Unit (UAE FIU) has signed two Memorandums of Understanding (MoUs) with the Bangladesh Financial Intelligence Unit (BFIU) and the Federal Republic of Somalia's Financial Reporting Center (FRC) to exchange financial information and expertise, as well as collaborate with relevant authorities and stakeholders in the fight against financial crime.
Ali Faisal Ba'Alawi, Head of the UAE FIU, signed the MoUs with Amina Ali, Director of the FRC of Somalia, and Abu Hena Mohammad Razee Hassan, Head of the BFIU.
Commenting on the agreement, Ali Faisal, Head of the UAE FIU told Gulf News, "Our undertaking of these agreements with the FRC of Somalia and the Bangladesh FIU further reinstate our efforts to facilitate a robust exchange of knowledge and expertise in the areas of anti-money laundering and combating the financing of terrorism, alongside leading international intelligence units."
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