Paris, June 28 (QNA) - Qatar Financial Information Unit (QFIU) signed a Memorandum of Understanding (MoU) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), on the sidelines of the Financial Action Task Force (FATF) Plenary and Working Group Meetings held in Paris, France.

The meetings brought together representatives of FATF member jurisdictions, as well as regional bodies and international organizations.

The MoU aims to strengthen cooperation and facilitate the exchange of financial intelligence and information in accordance with the respective legal frameworks of both parties, thereby supporting efforts to combat money laundering, terrorist financing, and related predicate offences.

The signing of the MoU represents a further step in expanding QFIU's international cooperation network and enhancing collaboration with counterpart financial intelligence units worldwide. (QNA)