UAE Central Bank Updates Guidance on Anti-Money Laundering and More: Compliance Takeaways

The UAE’s updated anti-money laundering guidance and more, shifting financial institutions toward real-time, technology-driven compliance, significantly increasing operational costs and regulatory scrutiny across the sector. The Central Bank of the United Arab Emirates (CBUAE) has issued updated guidance on anti-money laundering (AML), combating the financing of terrorism (CFT), and counter-proliferation…