DUBAI 8 June 2022: The UAE Ministry of Justice yesterday confirmed the arrest of Rajesh Gupta and Atul Gupta by the Dubai Police, pursuant to an international Red Notice request issued by Interpol. The UAE […]
ABU DHABI 16 December 2021: The Central Bank of the UAE (CBUAE) imposed financial sanctions totalling Dh350,000 on six Hawala providers operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. […]
ABU DHABI 5 October 2021: The Central Bank of the UAE (CBUAE) has imposed financial sanctions on six exchange houses operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. 20 […]
DUBAI 1 June 2021: Violators of anti-money laundering or ultimate beneficial owner procedures may lead to administrative fines ranging from Dh50,000 to Dh1,000,000, according to the Ministry of Economy (MoE). This was announced as the […]
ABU DHABI 3 March 2021: The Ministry of Justice and the Ministry of Economy (MoE) has issued a list of 26 violations, in line with Cabinet Resolution No. (16) of 2021 regarding the unified list […]
ABU DHABI 26 February 2021: The Central Bank of the UAE (CBUAE) has imposed sanctions on a non-authorised individual related to an exchange house operating in the UAE, after the person carried out a function […]
ABU DHABI 4 February 2021: The Abu Dhabi Criminal Court has sentenced a former Chairman of the Board of Directors of a government-owned Abu Dhabi company, and a CEO at the same company, to 15 […]
ABU DHABI 30 November 2020: Sultan bin Saeed Al Badi Al Dhaheri, Minister of Justice, has issued ministerial resolutions on setting up specialised courts for money laundering crimes within the framework of federal judiciary in […]
ABU DHABI 14 November 2020: A resolution to set up a court specialising in money laundering and tax evasion crimes, has been issued by H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister […]
ABU DHABI 9 November 2020: The Ministry of Justice has imposed a Dh100,000 fine on seven law firms for continuing to violate anti-money laundering (AML) and counter-terrorism financing (CTF) measures. In a statement on Sunday […]