His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and Chairman of the Dubai Judicial Council, reviewed the Financial Safety Heart of Dubai’s technique for 2025-2030. The brand new technique goals to strengthen Dubai’s financial stability and progress by figuring out funding alternatives, anticipating and addressing financial dangers, and safeguarding society in opposition to financial crimes, reinforcing Dubai’s standing as a worldwide financial hub.
His Highness reviewed the technique throughout a gathering with His Excellency Lieutenant Normal Talal Belhoul Al Falasi, Chairman of the Financial Safety Heart of Dubai, His Excellency Faisal bin Sulaitin, CEO of the Heart, and members of its Board.
Throughout the assembly, His Highness was briefed on the technique’s aims, which align with Dubai’s broader financial imaginative and prescient outlined within the Dubai Financial Agenda D33. The technique emphasises proactive measures to safeguard Dubai’s achievements and guarantee sustainable development by mitigating potential financial dangers.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum praised the efforts of the Financial Safety Heart of Dubai and its essential function in combating various types of dangerous financial practices. He additionally counseled the Heart’s contributions to safeguarding Dubai’s economic system by its complete providers.
“Dubai has constructed a worldwide repute as a pacesetter in commerce and enterprise, underpinned by its steady setting and rigorous efforts to fight monetary crimes. Our imaginative and prescient stays clear: to protect Dubai’s place as a worldwide hub for innovation and alternative whereas sustaining the best requirements of financial safety,” His Highness stated. “Dubai will proceed to encourage the world with its resilience, ambition, and dedication to incomes the belief of its companions by proactive options that drive development and success.”
The brand new technique focuses on six key pillars, together with predicting financial dangers, fostering financial foresight and improvement, combating financial crimes, strengthening strategic partnerships, making ready for future challenges, and inspiring neighborhood engagement in financial safety. The technique additionally outlines key indicators, together with sustainability, financial development, compliance monitoring, and efforts to fight corruption, cash laundering, and terrorism financing. It additional addresses measures to watch financial crises and detrimental tendencies, emphasising each preventive actions and post-event oversight.
His Excellency Lieutenant Normal Talal Belhoul Al Falasi expressed his gratitude to His Highness Sheikh Maktoum bin Mohammed for his steady assist. He stated that the management’s imaginative and prescient and steering encourage the Heart to make sure Dubai stays a benchmark for world financial excellence. He additionally highlighted the Heart’s dedication to adopting superior applied sciences, enhancing coaching initiatives, and proactively mitigating dangers to take care of a safe setting for enterprise and funding.
His Excellency Faisal bin Sulaitin stated that the brand new technique represents a key milestone in bolstering Dubai’s financial development. The technique introduces a forward-looking framework aimed toward enhancing town’s financial resilience and fostering sustainable improvement. He highlighted that the technique displays a robust dedication to transparency, accountability, and flexibility, with a deal with leveraging superior applied sciences, selling cross-sector collaboration, and implementing proactive measures to make sure Dubai stays a trusted world vacation spot for funding.
The Financial Safety Heart of Dubai performs a pivotal function in elevating financial consciousness, providing specialised research, suggestions, and coaching programmes. It collaborates with regional and worldwide organisations and participates in world monetary and financial councils. The Heart additionally combats dangerous financial actions, together with corruption, fraud, cash laundering, and terrorism financing, making certain authorized proceedings are carried out in coordination with the judiciary to safeguard Dubai’s financial stability.
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