The economic regulator of Dubai organized an informational gathering, during which a multitude of issues was discussed. Various aspects of financial regulation in the emirate were addressed, including the importance of compliance with norms and rules, as well as partnerships between regulatory bodies and companies to ensure the stability of the financial sector. Furthermore, the issue of the necessity of developing and modernizing the control systems in accordance with current trends and technologies was considered.
One of the representatives emphasized the importance of cooperation with the private sector to create more effective control mechanisms and prevent financial offenses. He also noted that the direct and constant interaction between regulators and companies is a key element of success in ensuring financial transparency and sustainability.
During the session, discussion was held on new control strategies and measures to prevent money laundering and financing of terrorism. Participants of the meeting discussed current problems of financial regulation, which have become more acute due to the consequences of the pandemic. Such measures contribute to the exchange of experience and the development of joint actions to ensure the reliability of financial systems.
