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UAE and China to share information in bid to crack down on dirty money

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By Elizabeth Hearst for AMLi

The United Arab Emirates’ Financial Intelligence Unit has joined forces with its Chinese counterpart, in a bid to share information and stem dirty money.

China’s Anti-Money Laundering Monitoring and Analysis Centre and the UAE’s FIU are expected to exchange information to tackle money laundering and terrorist financing, in accordance with domestic and international laws.

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Premium

NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

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