Nov 13, 2021The Rationale of Financial Sanctions and Sanctions ScreeningIn UAE Six exchange houses were fined a total of Dh17.311 million for “failures to achieve appropriate levels of compliance regarding...
Jun 11, 2021Economic Substance RegulationsThe Economic Substance Regulations require onshore and free zone companies in the UAE and certain other business forms that conduct any...
Apr 11, 2021Scope and Ambit of AML/CTF Regulations on DFNBPs: An OverviewIn the recent past, United Arab Emirates has taken various steps to curb money laundering and to make the financial sector of the country...
Feb 3, 2021Financial Consumer Protection: CBUAE commences a new era of Financial RegulationThe Central Bank of UAE has issued UAE’s first comprehensive financial consumer protection regulatory framework on February 1, 2021. It...