An investigation revealed that the sanctioned entity collaborated with an overseas company to engage in practices that targeted investors within the UAE
anti money laundering
Latest in anti money laundering
anti money laundering
UAE Central Bank fines exchange houses $1.12m for anti-money laundering violations
CBUAE fines exchange houses over anti-money laundering violations
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 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
Dubai authorities bust two major international money laundering networks
Total value of crimes worth over $223 million; An Emirati and 53 foreign nationals produced in court for money laundering, and forgery of documents
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 and terrorism law
UAE introduces Federal Decree-Law on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations
anti money laundering
UAE Central Bank imposes AED5.8mn fine on bank for AML violations
The action comes after an examination revealed deficiencies in the bank’s anti-money laundering (AML) and countering the financing of terrorism (CFT) policies and procedures
anti money laundering
Relief for UAE businesses as FATF grey list exit smooths trade flows, boosts foreign investment outlook
Experts from across industries hail the move as a major boost for the UAE’s financial reputation and economic prospects for the region
anti money laundering
UAE removed from the FATF grey list: What this means for businesses
This significant milestone is just reward for the rigorous efforts and comprehensive reforms the UAE has made towards aligning its anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks with international standards