Deadline for DNFBPs’ Registration in Anti-Money Laundering Regulations Extended
The goal is not to impose violations, but to ensure compliance. The Ministry of Economy (MoE) announced the extension ...
Tag: antimoney
“Real Estate Agents, Gold Dealers, Auditors, B2B Service Providers Need to Register in Anti-money Laundering Systems before March 31, 2021”
The Ministry of Economy (MoE) called upon business sector and the Designated Non-Financial Businesses ...
UAE businesses that must register in anti-money laundering systems
The deadline for non-financial businesses is March 31; failure to register could result in closure. The Ministry ...
UAE: Man fined Dh600,000 for violating anti-money laundering law
The person had no authorisation to undertake a function that required prior approval from the Central Bank. ...
11 UAE banks fined Dh45.75 million for breaking anti-money laundering rules
Further sanctions will be imposed in cases of non-compliance. The UAE Central Bank has imposed financial sanctions ...