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UAE Strengthens Anti-Money Laundering Law: Key Developments and Amendments

The law on combating money laundering crimes, the financing of terrorism, and the financing of unlawful organizations was enacted by Federal Decree-Law No. 20 of 2018. The UAE government further amended this law with Federal Decree-Law No. 26 of 2021 and Federal Decree-Law No. 7 of 2024. These amendments will improve financial security by ensuring that it satisfies the new international standards. The aim and purpose of these amendments are to concentrate on financial crime... Watch it now.


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