AML/CFT Compliance Alert: Company Fined AED 1.2 Million for Non-Compliance

in #moneylaunderingcrimes • 6 months ago

In a significant development aligning with Federal Decree-Law No.20/2018 on Combating Money Laundering Crimes, the Financing of Terrorism, and the Financing of Unlawful Organizations, the Central Bank of the UAE (CBUAE) has taken action against a notable breach of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. Read the entire article to know more: https://www.professionallawyer.me/legal-articles/criminal-law/non-compliance-in-aml-cft-rules-company-fined-for-aed-one-point-two-million
Dr. Hassan Elhais .jpg

#criminallaw #penalties #uaelaw
6 months ago in #moneylaunderingcrimes by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.19
    TRX 0.18
    JST 0.035
    BTC 90014.66
    ETH 3213.43
    USDT 1.00
    SBD 2.78