The Current Legal Foundation of UAE AML Law The UAE’s Anti-Money Laundering and Counter-Terrorist Financing framework underwent its most significant overhaul since 2018 when two new instruments took effect in late 2025. Federal Decree-Law No. 10 of 2025, effective 14 October 2025, repealed Federal Decree-Law No. 20 of 2018 in its entirety and established the … Read more
The Dubai Virtual Assets Regulatory Authority (VARA) imposed a fine against an operating Virtual Asset Service Provider (VASP) for non-compliance with anti-money laundering rules, lack of governance, and exercising activities outside the scope of its approved license. It is an important reminder that even licensed virtual asset companies are expected to comply strictly with money … Read more
Money laundering is a complex crime where illicit funds are transferred through various phases to make them appear legal. The Financial Institutions (FIs) in the UAE will have to identify such phases to effectively identify and reduce risk. This article will outline the three main phases of Money Laundering (ML): Placement, Layering, and Integration as … Read more
Accounting experience reports play a crucial role in the process of establishing a company in the United Arab Emirates (UAE). As businesses navigate the complex landscape of regulations, compliance, and financial management, accounting experience reports provide valuable insights and guidance. In this article, we will explore the significance of accounting experience report in the Procedures … Read more
Businesses in the UAE can now protect not just their logos and brand names. The trademark system is now extended to cover unique constituents, including sounds, scents, and holograms. It thus means that companies can register a signature jingle, a signature smell, or a 3D visual effect, as part of its brand identity. These options … Read more
The United Arab Emirates (UAE), now a global financial hub, attracts businesses, investors, and professionals worldwide. This eminent reputation, however, makes it imperative for the UAE to assure financial integrity and security. The central bank of the UAE is playing an important role in ensuring that financial institutions are compliant with AML and CTF legislation. … Read more
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