money laundering Free Articles
How to Prosecute the Worst Financial Crime Cases in the UAE?
Financial crimes can be best understood as criminal activities carried out by an individual or group of people or organizations which seek to achieve economic benefits through illegal methods.
Read MoreWhat is the full list of fines for money laundering in the UAE? Dr. Hassan Elhais
The UAE Ministry of Economy has announced the list of penalties for violations of the laws relating to money-laundering and terrorism financing.
Read MoreMost Innovative Fintech Trends In 2021
Overall, this will be the FinTech trends story for 2021. If you’re seeking a FinTech development company, feel free to reach the Nimble AppGenie website. We are among the top developers in the FinTech industry that solely focus on developing technology solutions for the banking and financial industry.
Read MoreMoney Laundering in A Changed World
If you shop with a major bank, chances are that all the transactions in your account are scrutinized by AML (Anti Money Laundering) software. Billions of dollars are being invested in these applications.
Read MoreNew Standards To Follow Under AML Laws
Early this year, Securities Commodities Authority (SCA) issued recommendations proclaimed rules for budgetary establishments regarding Anti-Money Laundering & Combating the Financing of Terrorism and Illegal Organizations (the AML Guidelines).
Read MoreWhat are the recent developments of Anti Money Laundering in the UAE?
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.
Read MoreFraud and Criminal law
Our Goal Is Simple - To continue to advise and represent our clients on a national level in an honest, ethical and pro- active manner in each one of our practice areas to obtain the best possible outcome. From our highly skilled complex crime team to our personal injury, no win no fee department the work ethic always remain the same,
Read MoreAutomating Anti Money Laundering Checks for Clean Customer Base
Financial institutions can employ financial technology such as biometric authentication to automate the KYC and AML procedures in the system.
Read MoreImprovising Customer Onboarding KYC With Blockchain Technology
Blockchain technology is capable of transforming the way that the finance industry handles the KYC process for online transactions. By unifying the KYC process, Blockchain will make customer identification and authorization more efficient in the finance industry. Not only the fintech industry, but other industries that rely on customer identity information can also be beneficiaries of the blockchain-based KYC process. For More information read this article.
Read MoreAll that you should know about the New Anti-Money Laundering Law
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.
Read MoreAMLA Create Whistleblower Protection Program with Substantial Award for Blowing the Whistle on Fraud
Whistleblower cases must be based on facts, mere speculation is not enough to file a claim. The best Medicaid whistleblower lawyer at Brown LLC, the top whistleblower law firm, will help protect your rights as a whistleblower and ensure that your case is successful. Ask questions to your counsel if you don’t understand a procedure and follow their expert advice as closely as possible.
Read MoreWhat are the updates on penalties and jail time for money laundering offenders?
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.
Read More