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UAE Central Bank issues $327,000 fine to insurance company

The Central Bank of the UAE imposed a financial sanction on an insurance company operating in the country. The sanction is pursuant to Article 14 of the Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations. The financial…

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Click here to read the full story: Arabian Business

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