Who Must Appoint an AML Compliance Officer in the UAE Under Federal Decree-Law No. 10 of 2025 on Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations (effective 14 October 2025), all financial institutions and Designated Non-Financial Businesses and Professions (DNFBPs) operating in the UAE are required to appoint a Compliance Officer. This … Read more

In its effort to Combat Money Laundering and Terrorism Financing in the Country, the UAE Government has laws and regulations that guide the activities of all persons, whether natural or entities. The Audit Profession/ Business as one of the businesses classified under the Designated Non-Financial Business Profession (DNFBPs) has various roles under the UAE Anti … Read more

As part of the UAE Government’s effort and commitment to combating money laundering and the financing of terrorism and illegal organizations in the country, the Government has established appropriate legislative, regulatory, and institutional frameworks to detect, prevent and deter money laundering and financing terrorism. Under the UAE anti money laundering regulations. frameworks, various institutions are established … Read more

The UAE Central Bank has issued a new guideline on anti-money laundering to registered Hawala Providers and Licensed Financial Institutions (LFI) providing services to Hawala service providers. The objective of the guideline is to ensure a better understanding of their statutory obligations under the UAE anti-money laundering legal and regulatory framework for effective performance. Scope … Read more

The United Arab Emirates (UAE) has implemented the UN Security Council Resolution (UNSCR) on Targeted Financial Sanctions by Cabinet Resolution No. 74 of 2020, as part of its legislative framework against money laundering and terrorism financing activities in the country.[1] Under the UAE Cabinet Resolution No. 74 of 2020 regarding terrorism lists, all persons (natural … Read more