The signing ceremony of Memorandum of Understanding (MoU) between the Financial Monitoring Unit of Pakistan and the Financial Intelligence Unit of United Kingdom (UK) concerning cooperation in the exchange of financial intelligence related to money laundering and terrorism financing was held in London, United Kingdom on May 29, 2019. The MOU was signed by Mr. Mansoor Hassan Siddiqui, Director General, FMU Pakistan and Mr. Ian Mynot, FIU, UK. The objective of signing the MoU is to move forward towards establishing a mutually beneficial relationship between the two institutions and to improve the efficient & effective exchange of information to fight against Money Laundering and Terrorism Financing.