UAE to train anti-money laundering professionals under new programmes
The UAE Higher Committee Overseeing the National Strategy on Anti-Money Laundering and Countering the Financing of Terrorism has launched two…
Fraud & Ethics
710 articles found
UAE's zero-tolerance on money laundering is netting results
The actions by the UAE Central Bank to fine 11 banks Dh45.76 million is a strong signal that as a…
UAE Executive Office to combat money laundering, terrorism funding
In a major step to combat money laundering and financing terrorism, the UAE Cabinet, chaired by His Highness Sheikh Mohammed…
UAE Central Bank imposes Dh600,000 penalty on individual linked to exchange house
The Central Bank of the UAE imposed sanctions on a non-authorised individual related to an exchange house operating in the…
Qatar regulator launches platform to monitor human understanding of financial crime
Financial services professionals in Qatar can now measure their understanding of how to prevent financial crimes through an online platform,…
Exchange house in UAE fined Dhs504,000 by Central Bank
The Central Bank of the UAE (CBUAE) said on Wednesday that it had fined an exchange house operating in the…
Former Dubai banker fined $165,000 for anti-money laundering breaches
A former staff of a Dubai bank has been fined $165,000 for violations of the anti-money laundering law (AML). …
Swiss Lebanon Probe Grinds On
Switzerland is moving forward with an investigation into possible money laundering connected to Lebanon's central bank. The Middle East nation…
Two Abu Dhabi execs fined Dhs8bn, jailed for 15 years in money laundering case
The Abu Dhabi Criminal Court has sentenced the former chairman of the Board of Directors of a government-owned Abu Dhabi…
Central Bank of UAE imposes Dh45.7 million fines on 11 banks in the UAE
The Central Bank of the UAE imposed financial sanctions on 11 banks operating in the UAE. The action is…
11 UAE banks fined Dh45 million for breaking anti-money laundering rules
The UAE Central Bank has imposed financial sanctions of over Dh45.75 million on 11 banks for violating anti-money laundering (AML)…
Lebanese central bank governor charged with breach of trust
Lebanese Central Bank Governor Riad Salameh has been charged with dereliction of duty and breach of trust, the state news…