Post by anenro on Nov 2, 2021 0:34:04 GMT 4
UAE intensifies efforts to combat money laundering and terrorism financing crimes, and strengthen deterrent penalties for perpetrators
– UAE intensifies efforts to combat money laundering and terrorism financing crimes, and strengthen deterrent penalties for perpetrators
– UAE extends strong support for global efforts to combat money laundering crimes in compliance with the standards of the International Financial Action Task Force
– Counselor Ismail Ali Madani: “Unifying the roles of the competent government agencies and enhancing cooperation among them supports the state’s efforts to address money laundering crimes.”
– Prison sentences and fines issued against 20 defendants and seven legal companies
– Total money confiscated exceeds AED22.6 million while fines surpass AED60 million
– UAE intensifies efforts to combat money laundering and terrorism financing crimes, and strengthen deterrent penalties for perpetrators
– UAE extends strong support for global efforts to combat money laundering crimes in compliance with the standards of the International Financial Action Task Force
– Counselor Ismail Ali Madani: “Unifying the roles of the competent government agencies and enhancing cooperation among them supports the state’s efforts to address money laundering crimes.”
– Prison sentences and fines issued against 20 defendants and seven legal companies
– Total money confiscated exceeds AED22.6 million while fines surpass AED60 million