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 Federal Decree-Law No. 10 of 2025, effective 14 October 2025, repealed Federal Decree-Law No. 20 of 2018 in its entirety and established the … Read more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 a licensed Virtual Asset Service Provider (VASP) for non-compliance with anti-money laundering rules, weak governance, and conducting activities outside the scope of its approved license. It’s a clear reminder that holding a valid VARA license doesn’t put a business on autopilot, ongoing compliance is … Read more
Why Understanding Money Laundering Stages Matters for UAE Compliance Money laundering is the process of making criminally obtained funds appear legitimate by moving them through a series of transactions designed to obscure their origin. The Financial Action Task Force (FATF) and the UAE’s own AML/CFT framework describe money laundering as occurring in three distinct stages: … 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
What Are Non-Traditional Trademarks in the UAE? UAE businesses can now protect more than logos and brand names. Trademark protection has been extended to cover non-traditional marks, including sounds, scents, and holograms. This means a company can register a signature jingle, a distinctive scent used in its stores or products, or a three-dimensional visual effect … Read more
The Central Bank of the UAE (CBUAE) issued a Dh2 million fine against Malik Exchange for anti-money laundering violations, revoked its license, and removed it from the official Register. It’s one of the clearest recent examples of how seriously the UAE enforces AML and counter-terrorism financing (CFT) compliance across exchange houses, banks, and insurance companies, … Read more
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