The name of the UAE money exchange house was not disclosed
financing of terrorism
Latest in financing of terrorism
Capital Markets Authority
Kuwait bans cryptocurrency and virtual assets transactions
By doing so, Kuwait authorities aim to reduce the risks and negative consequences associated with investing or dealing in virtual assets
anti-financial crime
UAE inclusion on FATF ‘grey list’ unlikely to have major impact on economy, says S&P
The inclusion is unlikely to significantly affect the country as it is a net exporter of capital, the firm said
anti-financial crime
UAE has made positive strides in anti-money laundering, anti-financial crime: global watchdog
The UAE government has set up courts focused on financial crimes, established an entity that ensures better collaboration between the central bank and other authorities, and has announced a 9% corporate tax starting in 2023.
