Regulator finds gaps in bank's anti-money laundering policies and processes The UAE Central Bank has been taking the toughest of approaches on compliance among banks and other financial institutions.

The Central Bank of the UAE (CBUAE) has imposed financial sanctions on a bank operating in the UAE for failing to comply with the Anti-money Laundering and Combating the Financing of Terrorism and ...

ABU DHABI - The Central Bank of the UAE (CBUAE) imposed financial sanction on a bank operating in the UAE, pursuant to Article (14) of the Federal Decree Law No. (20) of 2018 on Anti-money Laundering ...

FUZE, a digital asset financial infrastructure provider, which offers global stablecoin payments, fiat payouts and ...

Follow KT on WhatsApp Channels. Dormancy of accounts is governed solely by the UAE Central Bank regulations. This is under Article 9 (d) of the UAE Central Bank Regulation No. 29/2011 (dated ...

The UAE is participating in the Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) 2025, held in Washington, D.C., from April 21 to 26. The Ministry of Finance and ...

The Ministry of Finance and the Central Bank of the UAE (CBUAE) will represent the UAE in the meeting with the delegation being led by H.E. Mohamed bin Hadi Al Hussaini, Minister of State for ...

The Central Bank of the UAE (CBUAE) imposed financial sanction on a bank operating in the UAE, pursuant to Article (14) of the Federal Decree Law No. (20) of 2018 on Anti-money Laundering and ...

Even though these fintech solutions are more modern, they still comply with UAE Central Bank regulations. This means they will still carry out checks to ensure your business activity is legitimate ...

The establishment of regulatory bodies, such as the Central Bank of the UAE and Higher Shariah Authority, and initiatives to standardise Islamic financial products and services contributed signifi ...