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  • What are the updates on penalties and jail time for money laundering offenders?

    criminal law

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    February 24, 2022

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    747 views

    The United Arab Emirates remains committed to instituting anti-money laundering practices in the country and thereby imposing strict penalties to offenders in money laundering cases. The extent of the penalties being imposed generally includes imprisonment and fines equivalent to the misappropriated amount. In its recent verdicts, the UAE courts have set heavy penalties to the tune of even Dirhams Fifty Million in money laundering cases.


  • What are the developments of anti-money laundering in the UAE?

    criminal law

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    January 03, 2022

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    756 views

    Bank frauds are of different kinds and can include different types of financial crimes. It is critical to build awareness on the different type of bank fraud and also to practice the measures that one can take in order to prevent falling victim to such criminal acts.


  • How to be Protected from Bank Fraud and Procedures to File a Complaint?

    criminal law

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    September 16, 2021

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    999 views

    The UAE continuously tightens its rules and regulations concerning anti-money laundering (AML) and Counter-Terrorism Financing (CTF). It is constantly committed to its goal and vision to establish itself as the global centre for international businesses and commits to the highest standards possible in all streams.


  • What is the full list of fines for money laundering in the UAE?

    criminal law

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    September 04, 2021

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    1088 views

    The UAE Ministry of Economy has announced the list of penalties for violations of the laws relating to money laundering and terrorism financing. Around twenty-six categories of fines have been listed, ranging from AED 50,000 to AED 1,000,000.


  • What If Someone Files A Fake Cheque Case Against You?

    criminal law

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    April 08, 2020

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    2745 views

    Dishonored cheques are considered as a crime in UAE under Federal Law number 3 of 1987 on UAE Penal Code.


  • Criminal Lawyers Update on Anti-Money Laundering Laws

    criminal law

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    January 29, 2020

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    2444 views

    UAE government promulgated Federal Decree-Law number 20 of 2018 concerning Anti-Money Laundering and Combatting of Financing Terrorism, hereinafter mentioned as Anti-Money Laundering Law


  • All that you should know about the New Anti-Money Laundering Law

    criminal law

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    January 05, 2019

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    6684 views

    AS part of the requirement of the Financial Action Task Force (FATF), a Federal Decree No. 20 of 2018 on anti-money laundering and countering the financing of terrorism was issued on 23 September 2018.


  • Finance

    criminal law

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    December 15, 2014

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    5662 views

    Finance is a part of everyone's life, but only matters is the usage and effect. The financial relationship between a person and his bank is government by documents and agreements.


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