Tag: Financial Crimes
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 firms that failed to register in AML system to be...
The UAE Ministry of Economy (MoE) has ended the extended grace period that it granted to Designated Non-Financial Businesses and Professions (DNFBPs) to register...
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...
Dubai’s Economic Security Centre website to raise awareness on economic threats
The Economic Security Centre of Dubai, which works to maintain a stable economic climate in the emirate by countering illegal activities, has launched a...
Qatar’s tax authority unites with QFIU to tackle financial crimes
Qatar’s General Tax Authority (GTA) has signed a Memorandum of Understanding (MoU) with the region’s government regulatory agency, Qatar Financial Information Unit (QFIU) for...
Nasdaq to buy Canadian financial fraud detection firm Verafin
The American stock exchange Nasdaq will be acquiring Verafin, a Canada-based leading financial crime management platform for $2.75 billion.
The cloud-based platform Verafin, founded in...
UAE to strengthen law against financial crimes with new court
The UAE is expected to establish a new court focusing on cases related to money laundering and crimes of tax evasion.
A resolution to that...
