The United Arab Emirates Ministry of Economy said its Economic Integration Committee, at its fourth meeting of 2026, reviewed measures to strengthen the national digital system for commercial company data by improving links between the National Economic Register and relevant federal and local authorities and keeping the information updated. The committee also called for intensified coordination across the relevant working teams as the United Arab Emirates prepares for its mutual evaluation by the Financial Action Task Force. Discussions covered implementation of national anti-money laundering and counter-terrorist financing policies and measures, including beneficial ownership identification for companies and institutions, as well as coordination among government entities involved in the evaluation. The committee also reviewed broader joint work with federal and local bodies on business and investment resilience, support for small and medium-sized enterprises, market oversight, supply chains, strategic stocks, and follow-up on previous recommendations to develop economic legislation and policy.
Ministry of Economy (UAE) 2026-05-07
United Arab Emirates Ministry of Economy committee reviews National Economic Register linkage and FATF mutual evaluation preparations
The UAE Ministry of Economy’s Economic Integration Committee reviewed measures to strengthen the national digital system for commercial company data by enhancing links between the National Economic Register and federal and local authorities and ensuring data is updated. It discussed implementing national anti-money laundering and counter-terrorist financing policies, including beneficial ownership identification and coordination for the upcoming Financial Action Task Force mutual evaluation, and reviewed joint work on business and investment resilience, SME support, market oversight, supply chains, strategic stocks, and economic legislation.