The UAE Central Bank imposed a fine of Dh3.5 million ($953,029) on an exchange house for failing to comply with the country's law on anti-money laundering and counter-terrorism financing (AML/CFT), as ...

and/or the stature of the AML/CFT officer within the organization. Inadequate Risk Assessment – One of the first things an examiner will review during the course of an examination is the risk ...

While FinCEN notes that the SEC does not have an AML/CFT examination manual for investment advisers, FinCEN directs covered investment advisers to look to the SEC's relevant resources on AML/CFT ...

The Central Bank of the UAE (CBUAE) imposed a financial sanction on an exchange house, pursuant to Article (14) of the ...

The Central Bank of the UAE (CBUAE) imposed a financial sanction on an exchange house, pursuant to Article (14) of the Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Fi ...

CBUAE has issued hefty fine on exchange house over anti-money laundering and terrorism financing rule violations ...

Financial institutions would be required to conduct more thorough risk assessments on their anti-money laundering/countering the financing of terrorism (AML/CFT) programs under a new rule proposed by ...

The certification, titled AML and CFT Provisions in Securities Market Certification Examination, has been developed in collaboration with the National Institute of Securities Markets (NISM).

ISLAMABAD: The International Monetary Fund (IMF) has called on Pakistan to take urgent steps to bolster its Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) framework to ...

The UAE Cabinet has approved a new National Strategy for Anti-Money Laundering, Countering the Financing of Terrorism, and Proliferation Financing (AML, CFT and CPF) for 2024-27, following ...