anti-money

Understanding Penalties and Enforcement Trends under DFSA Anti-Money Laundering (AML) Rulebook in DIFC, Dubai

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Introduction to DFSA AML Rulebook The Dubai Financial Services Authority (DFSA) Anti-Money Laundering (AML) Rulebook serves as a critical framework designed to govern financial activities in the Dubai International Financial Centre (DIFC). Established to combat money laundering and the financing of terrorism, the rulebook outlines the regulations that financial institutions and businesses operating within the … Read more

Understanding Federal Decree-Law No. 20 of 2018: A Comparative Analysis of Anti-Money Laundering Measures

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Introduction to Federal Decree-Law No. 20 of 2018 Federal Decree-Law No. 20 of 2018 represents a pivotal advancement in the regulatory framework surrounding anti-money laundering (AML) measures in the United Arab Emirates (UAE). Enacted in response to a growing global concern over financial crimes, this law aims to tighten the legal apparatus against money laundering … Read more