The Ethiopian Financial intelligence Service and the Yemen Financial Intelligence Unit have signed a memorandum of understanding (MoU) to work together to prevent and control  money laundering, terrorism financing and proliferation financing crimes.

The two countries financial intelligence institutions based on their country law they are responsible for collecting, analyzing, and disseminating information related to money laundering,  financing of terrorism, and proliferation financing crimes.

The memorandum of understanding (MoU) between the two institutions focuses on the exchange of information and cooperation between the two institutions because money laundering, terrorism financing and proliferation financing crimes are cross-border.