Accounting

A LANDSCAPE OF EMERGING LAWS AND REGULATIONS

A LANDSCAPE OF EMERGING LAWS AND REGULATIONS

Introduction The United Arab Emirates (UAE) has a history of being a trading hub in the region and in recent years has emerged as a thriving hub for economic growth, trade, investment innovations and technology. The UAE is geographically located in a very strategic place which allows the businesses to coordinate with different countries under […]

ANTI MONEY LAUNDERING & COUNTERING TERRORIST FINANCING LAWS IN UAE

ANTI MONEY LAUNDERING & COUNTERING TERRORIST FINANCING LAWS

Anti money laundering & Countering Terrorist Financing organisations (AML & CFT) law aims to combat money-laundering practices, terrorist training and establishes a legal framework that supports the concerned authorities with anti-money laundering and crimes related to money-laundering, counter the financing of terrorist operations and suspicious organisations. Designated Non-Financial Businesses and Professions (DNFBPs) are sectors that […]