The sanctions result from the CBUAE’s examinations, which revealed the bank’s failure to comply with the central bank instructions
anti-money laundering
Latest in anti-money laundering
anti-money laundering
UAE Central Bank slaps $1.6mn fine on foreign bank branch for AML violations
The CBUAE stated it endeavours to ensure all banks and their staff abide by UAE laws, regulations and standards through its supervisory and regulatory mandates
Abu Dhabi Department of Municipalities and Transport
UAE holiday dates; Dubai Metro Blue Line guide; Al Maktoum International Airport real estate boost – 10 things you missed this week
UAE holiday dates, Dubai Metro Blue Line guide, Al Maktoum International Airport sparks real estate boom, Ajman and Abu Dhabi real estate laws
anti money laundering
EU removes UAE from ‘high-risk’ money-laundering list
EU removes UAE from high-risk money-laundering risk as the country makes efforts to strengthen financial regulations
anti money laundering
UAE central bank fines 6 exchange houses $3.3m
Central Bank of the UAE imposed financial sanctions on six exchange houses
anti money laundering
UAE fines exchange house $953,000 over rule violations
CBUAE has issued hefty fine on exchange house over anti-money laundering and terrorism financing rule violations
anti-money laundering
UAE central bank slaps $27.8mn fine on exchange house
The UAE central bank has not disclosed the identity of the exchange house
anti money laundering
UAE cracks down on money-laundering and terrorism financing with Dubai Land Department deal
UAE signs MOUs with national authorities to crack down on money-laundering and terrorism financing
anti money laundering
Dubai Police investigate $1.1bn of money-laundering cases
Dubai Police address 500 money-laundering cases as it investigates $1.1bn financing claims
anti-money laundering
UAE suspends exchange house, shuts 2 branches
Central Bank of the UAE suspends the business of Al Razouki Exchange
anti-money laundering
The UAE’s bold step towards global leadership in financial crime prevention
The UAE’s National AML/CFT/CPF Strategy 2024-27 is a strategic, forward-looking plan that builds on past successes while addressing the complex challenges of the future
anti money laundering
UAE steps up efforts to stamp out money laundering
The UAE is combatting money laundering in the country and has taken major steps towards financial transparency
anti money laundering
UAE seizes $639m of assets for money-laundering violations
The UAE is making significant progress in combatting financial crimes in the country
Abu Dhabi
New Dubai ‘super tower’ plan; UAE Royal launches perfume; Major RTA bridge update; $8.2bn Abu Dhabi developments – 10 things you missed this week
Major Dubai bridge updates, Real estate analysis, UAE royal perfume, super tower plans and more top stories this week
anti money laundering
Central Bank fines UAE bank $1.4m
CBUAE fines bank $1.4m for violating anti-money laundering and terrorism financing rules
anti-money laundering
UAE announces new anti-money laundering strategy for 2024-2027 as it fights cyber threats, virtual assets risks and financial crime
UAE announces 2024-27 National Strategy for Anti-Money Laundering, Countering the Financing of Terrorism and Proliferation Financing
anti-money laundering
UAE’s new anti-money laundering and terrorism law: What it means for business and the economy
How the UAE’s new law is redefining global financial security