We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

 UAE fines exchange house AED504,000 for weak AML/CFT compliance

i-law is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Informa
i-law.com
i-law.com

Money Laundering Bulletin

UAE fines exchange house AED504,000 for weak AML/CFT compliance

The Central Bank of the UAE (CBUAE), on 28 January [2021], fined an unnamed exchange house AED504,000 (US$137,200) over its deficient anti-money laundering and combating the financing of terrorism (AML/CFT) compliance framework.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, please enter your details below to log in.

Enter your email address to log in as a user on your corporate account.
Remember me on this computer
Login

Not yet an i-law subscriber?

Devices

Request a trial Find out more