11 UAE Banks Fined DH 45 Million For Breaking Anti-Money Laundering Rules

The UAE Central Bank has imposed financial sanctions of over Dh 45.75 million on 11 banks for violating anti-money laundering (AML) regulations. The economic sanctions were imposed on January 24, 2021, under Article 14 of the Federal Decree-Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism Financing of Illegal ...

11 UAE Banks Fined DH 45 Million For Breaking Anti-Money Laundering Rules is only available to members

Why become a hub member?

Access Africa’s banking compliance regulations and other relevant compliance regulations 

Access a global network of investors, Risk and Compliance experts & policy markers

Benchmark your organisation and set the path for better compliance and investment in Africa. 

Join the movement for quality and transparency in African business

Provide feedback on 11 UAE Banks Fined DH 45 Million For Breaking Anti-Money Laundering Rules

Please let us know how we can improve this page. All feedback is recorded anonymously.