Federal Decree No. 9 of 2016 formalises the ratification of the bilateral agreement between the United Arab Emirates and the United States of America, signed on 17 June 2015. The primary objective of this Decree is to improve international tax compliance and facilitate the implementation of the Foreign Account Tax Compliance Act (FATCA) within the State. Article 1 officially ratifies the attached agreement texts, while Article 2 mandates the Minister of Finance to oversee its execution and publication. This framework ensures transparency and automated information exchange between the two jurisdictions regarding financial accounts.