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    Sheikh Mansour chairs high-level meeting on anti-money laundering and anti-terror financing

    14 Mar 2022

    Participants discussed the numerous ways in which the UAE is closely coordinating with its international partners to identify, disrupt, and punish criminals and illicit financial networks.

    Asim Ghafoor involved in money laundering activities, transferred $4.9 million through banking system, says UAE

    08 Aug 2022

    “The UAE has initiated investigations into Ghafoor’s activities in 2020 after receiving an official request to this effect from the US Embassy in Abu Dhabi on behalf of the US Department of Justice, US Federal Bureau of Investigation, Criminal Investigation Department, and the Internal Revenue Service,” the embassy said.

    UAE court lifts prison sentence of Asim Ghafoor, orders him to pay Dhs5 million in money laundering case

    10 Aug 2022

    The Court ordered Ghafoor to pay Dhs5 million ($1.36 million) fine, while the Dhs18 million in his account to be confiscated.

    Public Prosecution explains concept of money laundering crime in UAE

    01 Aug 2022

    The UAE Public Prosecution (PP), on Monday explained through a post published on its social media accounts about the crime of money laundering.

    All international passengers must declare currency, jewellery at airports, says Pakistan’s CAA

    17 Aug 2022

    The airlines’ crews will distribute the customs’ declaration forms during the flights among all passengers, irrespective of their nationality. The declaration forms will be deposited at the customs` counters before the immigration desks at all airports.

    UAE, Egypt discuss cooperation to counter money laundering and terrorist financing

    04 Aug 2022

    In addition, the Egyptian Anti-Money Laundering and Terrorist Financing Unit presented ways to advance the national system and significant steps taken by the Arab Republic of Egypt.

    79 convicted of money laundering and fraud in UAE, fined up to Dhs10 million

    22 May 2022

    The court also announced fines ranging from Dhs200,000 to Dhs10,000,000 for each accused, with confiscation of all funds seized from the accused, as well as confiscation of their bank balances, real estate, cars, computers, mobile phones, watches and jewellery.

    Imran lambasts opposition for sabotaging efforts to exit FATF grey list, says no amnesty for them

    26 Aug 2020

    Imran tweeted: "Today in Senate the opposition defeated 2 critical FATF-related bills: Anti Money Laundering & ICT Waqf bills. From day one I have maintained that the self-serving interests of the opposition leaders & the country's interests are divergent. As accountability noose has tightened."

    UAE Central Bank issues guidance for licensed financial institutions on anti-money laundering, combatting financing of terrorism

    31 May 2023

    The guidance discusses the risks of dealing with virtual assets (VA) and virtual asset service providers (VASP) and sets out clear descriptions of VAs, VASPs and VASP business models.

    Man gets 25 years in jail, Dhs50 million fine for money laundering in Abu Dhabi

    25 May 2023

    The court also imposed a ten-year prison sentence and a fine of Dhs10 million on him for the crime of money laundering, and ordered the confiscation of all proceeds and objects seized and linked to, used in, or resulting from the crime.

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