The UAE Financial Intelligence Unit convened a roundtable discussion with registrars, including representatives from Ministry of Economy & Tourism (MoET) and Abu Dhabi Global Market (ADGM), along with relevant stakeholders on the misuse of legal persons, reinforcing ongoing efforts to strengthen the effectiveness of the UAE’s AML/CFT framework.
The session featured presentations on typologies related to the misuse of legal persons, feedback on the quality of submitted reports, and case studies highlighting lessons learned and actions taken, with participants also exchanging supervisory insights and practical examples to strengthen risk awareness and reporting effectiveness.
The roundtable also provided an open platform for discussion and knowledge exchange among participants. Through continued collaboration and information sharing, UAEFIU remains committed to enhancing awareness, improving reporting quality, and supporting national efforts to combat financial crime.
