Tag: Anti-Money Laundering
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...
Nasdaq initiates AI system to ease anti-money laundering investigation
The Stock Exchange group Nasdaq announced that it is initiating artificial intelligence (AI) technology to automate the anti-money laundering (AML) investigation by banks.
The company...
UAE unveils anti-money laundering smart tool named ‘Fawri Tick’
The UAE has launched a smart anti-money laundering tool ‘Fawri Tick’ for coordinating Anti-Money Laundering (AML) and Countering Terrorist Financing (CFT) cases.
As part of...
