Tag: Anti-Money Laundering
Saudi’s Morabaha join forces with Tookitaki to enhance AML capabilities
Morabaha Marina Financing Co., a prominent Sharia-compliant financing company based in Saudi Arabia, has strategically partnered with Tookitaki, a global leader in financial crime...
Financial Action Task Force recognizes UAE’s AML/CFT & CPF efforts
The intergovernmental organization on money laundering, Financial Action Task Force (FATF) has acknowledged UAE's positive progress in its anti-money laundering (AML), counter-terrorism financing (CFT),...
UAE seeks public-private sector participation to combat financial crimes
The Central Bank of the UAE (CBUAE) and the Ministry of Foreign Affairs along with region's financial entities have discussed the importance of public-private...
UAE adopts guidelines to stop money laundering and related crimes
The National Committee for Combating Money Laundering and Financing of Terrorism and Illegal Organisations (NAMLCFTC) of the UAE adopted a set of anti-money laundering...
UAE’s Ministry of Economy extends anti-money laundering registration until April 30
UAE's Ministry of Economy has extended the deadline for companies in the "specific non-financial business and professions" sector to register under government regulations approved...
Saudi Arabia strengthened its anti-money laundering regulatory framework
Saudi Central Bank Governor H.E. Dr. Ahmed Alkholeify said that the Kingdom has strengthened its regulatory and legislative framework to tackle money laundering and...
UAE strengthens strategic efforts to cut money laundering from economy
The UAE's Ministry of Economy has set up strategic plans and initiatives as part of its key role to aid in the efforts to...
Step up Anti-money-laundering efforts: CBUAE to Banks
The UAE Central Bank (CBUAE) has urged regional banks to step up their anti-money laundering efforts to protect the country's financial stability.
Bank said in...
