UAE to introduce money laundering prosecution entities, Dubai fines Mirabaud for AML failings
The UAE is making moves to demonstrate that it is tightening its systems to prevent financial crime by introducing federal prosecution entities specialised in economic crimes and money laundering.
news, Trade Based Financial crimes News
Firms in Dubai International Finance Centre should focus on TBML
Firms based in Dubai International Finance Centre (DIFC) should sharpen their focus on reducing the risks of trade-based money laundering (TBML), according to a report from the Dubai Financial Services Authority (DFSA). The DFSA Trade Finance Report 2016 assesses the quality of systems and controls,…
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