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
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