UAE Imposes Over Dh18 Million in Fines on Two Foreign Bank Branches for AML Violations
A regulatory authority in the UAE has imposed substantial financial penalties on two branches of foreign banks operating within the country, citing violations related to anti-money laundering (aml) and the financing of terrorism and illegal organizations. The penalties, issued in accordance with article (14) of federal decree law no. (20) of 2018, amount to dh10,600,000 […]
UAE Imposes Over Dh18 Million in Fines on Two Foreign Bank Branches for AML Violations Read More »