by Jyotsna Bucktowar | Apr 23, 2025
This report underscores the country’s ongoing commitment to enhancing its financial system’s integrity and stability while aligning with international standards on anti-money laundering (AML) and combating the financing of terrorism (CFT). The assessment...
by Jyotsna Bucktowar | Feb 27, 2025
These strict actions underscore the SCA’s commitment to protecting investor rights and reinforcing the integrity of the UAE’s financial markets. Through its regulatory framework, the SCA aims to ensure accountability, transparency, and compliance,...
by Jyotsna Bucktowar | Feb 18, 2025
The UAE introduced a 2024-2027 national strategy with over 250 initiatives to combat ML, terrorism financing, and proliferation financing. Recent actions include extraditing a French citizen on drug trafficking and ML charges, alongside legal reforms to enhance...
by Jyotsna Bucktowar | Oct 8, 2024
To shed light on supervisory activities in licensed financial institutions, H.E. said the Central Bank is in the process of launching the first-of-its-kind Supervisory Technology (SupTech) initiative in the region which will enable early detection and warning of risks...
by Jyotsna Bucktowar | Sep 9, 2024
The financial sanction was imposed according to articles 89 and 137 of the Federal Decree Law No. (14) of 2018 regarding the Central Bank & Organisation of Financial Institutions and Activities and its amendments, and article 14 of the Federal Decree Law No. (20)...
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