ABU DHABI, 12th December, 2021 (WAM) Hessa bint Essa Buhumaid, Minister of Community Development, and Ahmed Ali Al Sayegh, Minister of State, the Ministry of Community Development (MoCD) announced establishing a joint mechanism between the Ministry and the UAE Financial Intelligence Unit (FIU) for the coordination of efforts to combat money laundering, financing of terrorist groups and illicit organisations in non-profit organisations (NPOs) sector.
The cooperation also facilitates the exchange of information on non-profit organisations with relation to cases of money laundering, financing of.