Stay updated with breaking news from Al tameemi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
UAE Central Bank issues guidance to lenders working with property and precious metals dealers thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.
UAE's economy is expected to grow 2.4% in 2021, central bank says thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.
SHARE The National Committee for Combating Money Laundering and Financing of Terrorism and Illegal Organisations (NAMLCFTC) approved six-risk assessment reports in addition to guidelines for financial institutions, designated non-financial businesses and professions at its third meeting of the year. The reports relate to terrorism financing, trade-based money laundering, misuse of legal persons, non-profit organisations, lawyers and the gold sector. They will help align the legislative and operational frameworks and priorities with the current risks and enhance understanding of risks and to boost cooperation among the competent authorities, the Central Bank of the UAE said in a statement. The NAMLCFTC also adopted anti-money laundering and countering the financing of terrorism (AML/CFT) guidelines for financial institutions, designated non-financial businesses and professions. The guidelines aim to raise awareness of the importance of adhering to legislation re ....