The Memorandum of Understanding between the Federal Financial Monitoring Service (Russia) and the Anti-Money Laundering and Suspicious Cases Unit (UAE) on cooperation in combating money laundering and terrorist financing was signed on November 9, 2016 at the 6th meeting of the Intergovernmental Russian-Emirati Commission on Trade, Economic and Technical Cooperation (Moscow, November 7-9, 2016). The signing ceremony was attended by Russia's Industry and Trade Minister D. Manturov and UAE's Ministry of Foreign Affairs and International Cooperation A. Al Nhyan. The Memorandum expands the legal basis for information exchange in the relevant field and helps promote bilateral cooperation.