Tag: united-arab-emirates
16 posts · united-arab-emirates
Every control in an AML programme rests on a judgement about risk: how much due diligence, how often to review, which alerts matter. Before the Executive Regulations reach customer due diligence, they require that judgement to be made, written down and kept…
The ADGM Financial Services Regulatory Authority published two Final Notices for contraventions of its Anti-Money Laundering and Sanctions Rulebook in November and December 2025. One went to Payward MENA Holdings Limited on 17 December 2025. The other went to…
Every customer file has to answer two questions before anything else. Who is the customer? And which natural person stands behind it? Cabinet Resolution No. (134) of 2025, the Executive Regulations of Federal Decree by Law No. (10) of 2025, answers both in a…
Chapter 12 of the FSRA's Anti-Money Laundering and Sanctions Rulebook is short. It says who may hold the Money Laundering Reporting Officer role in Abu Dhabi Global Market, what the firm owes that person, what the person is answerable for, and what must reach…
Ask two questions of a customer file. Who actually did the due diligence? And can the firm produce it? Cabinet Resolution No. (134) of 2025, the Executive Regulations of Federal Decree by Law No. (10) of 2025, answers the first in Article (20), in a Division…
On 26 February 2026 the DFSA issued a Notice of Amendments to Legislation. Its Board had made the AML Rule-Making Instrument (No. 435) 2026 and the Glossary Module Rule-Making Instrument (No. 436) 2026, both to come into force on 2 March 2026. The DFSA's…
A penalties slide with one headline figure on it does not describe the UAE's AML law. Federal Decree by Law No. (10) of 2025 Regarding Anti-Money Laundering, and Combating the Financing of Terrorism and Proliferation Financing puts administrative penalties in…
As late as April 2026, one section of the FSRA's Anti-Money Laundering and Sanctions Rulebook covered every kind of transfer. In the FSRA's own words, AML 10.3 "has governed wire transfers and all other value transfer arrangements", transfers of virtual…
"Know Your Vendor" is a process label, not an instrument. That is why a search for it in a rulebook comes back empty, and why firms sometimes conclude the duty is a matter of good practice rather than law.
If your UAE AML policy still cites Cabinet Decision No. (10) of 2019 — the implementing regulation of Decree-Law No. (20) of 2018 — it cites an instrument that no longer exists. The CBUAE Rulebook records its status as Repealed.
A working session with your compliance team, then a walkthrough against your own risk appetite: the lifecycle end to end, scoring weights set to your policy, and a review of the audit trail the system produces.
