Do UAE Anti-Money Laundering Laws Apply to Your Business? Here’s What You Need to Know

Do UAE Anti-Money Laundering Laws Apply to Your Business? Here’s What You Need to Know

UAE Anti-Money Laundering Laws

Summary Many businesses in the UAE assume that anti-money laundering (AML) laws apply only to banks and financial institutions. This assumption is incorrect and potentially costly. The UAE has developed a comprehensive AML framework extending far beyond traditional financial services, with enforcement intensifying following the country’s removal from the Financial Action Task Force (FATF) grey […]

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