Anti Money Laundering Laws and Penalties in the UAE

Money laundering and financing of terrorism are serious criminal acts that threaten the stability, safety & security of businesses and society as a whole. The UAE government enacted anti money laundering laws to stabilize the financial system of individuals, enterprises, and other related parties.  The AML Law made by the Financial Action Task Force (FATF), […]

Anti Money Laundering (AML) System in UAE — What is it?

Money Laundering Money laundering is an increasing problem in the world, despite the legal authorities trying their absolute best to combat against crimes of these sorts. Just like any other country, the UAE maintains a strong Anti Money Laundering (AML) system in an effort to protect against the possibility of money laundering and terrorist financing. […]