Ministry of Economy extends the grace period for compliance until March 31, 2021. The UAE’s Ministry of Economy reiterated the need for non-financial businesses in the UAE to register on GoAML, an Anti-Money Laundering platform developed by the United Nations. This includes brokers and real estate agents, dealers of precious metals and precious stones, auditors ...

CBUAE introduces the supervisory agenda of the bank’s Anti-Money Laundering Department   ABU DHABI – The Central Bank of the UAE (CBUAE) held the first Compliance Officers Forum to create a dialogue between the CBUAE and Chief Compliance Officers of all banks to discuss expectations from compliance function and banks’ risk management more generally. The forum, chaired by ...