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Forum on DNFBP sector's compliance with AML requirements
Gulf Today
|March 12, 2026
Crude futures fluctuated between gains of around two and six per cent as the release of oil reserves by some countries helped offset news of attacks on commercial ships in the Gulf
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ABU DHABI: The Ministry of Economy and Tourism, in cooperation with the Ministry of Justice, organised the first forum in 2026 dedicated to enhancing the compliance of Designated Non-Financial Businesses and Professions (DNFBPs) with Anti-Money Laundering (AML) requirements.
Held at the Ministry of Justice headquarters in Abu Dhabi, the forum brought together private sector representatives and experts specialising in anti-money laundering and combating the financing of terrorism (AML/CFT).
Organised as part of the ongoing efforts to implement the national AML/CFT strategy framework, the forum served as a platform to strengthen dialogue between the Ministry of Economy and Tourism and the Ministry of Justice on mechanisms to enhance compliance within the DNFBP sector.
The sector includes real estate brokers and agents, dealers in precious metals and stones, independent accountants and auditors, corporate service providers, as well as lawyers and legal consultants.
The initiative aligns with international best practices aimed at safeguarding the financial system from illicit exploitation, further reinforcing the country's global standing in this field.
This story is from the March 12, 2026 edition of Gulf Today.
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