Ministry of Finance Exchanges State Property Information with Investigations Department

The Assistant Minister of Finance, Asil Al-Munifi, and the Head of the Kuwait Financial Intelligence Unit, Dr. Hamad Al-Mukarrad, signed a memorandum of understanding to exchange information regarding state assets, enhancing cooperation between the two parties in combating money laundering and related crimes and terrorist financing.

The memorandum aims to develop mechanisms for exchanging information and expertise to strengthen the system for preventing and detecting financial crimes, within the framework of the Ministry’s strategy to expand partnerships with government entities and achieve institutional integration in confronting money laundering and terrorist financing, thereby supporting the protection of the national economy and enhancing transparency and integrity in financial dealings.