UAE Central Bank Released Guidelines for Virtual Assets to Deter Money Laundering
Recently, new guidelines to prevent terrorism financing (AML/CFT) and money laundering have been released by the UAE Central Bank for LFIs or “licensed financial institutions”. The focus of the guidelines is on the risks associated with dealing with virtual assets. Breaking🚨: UAE🇦🇪 Central Bank has issued new guidelines for financial institutions regarding anti-money laundering (AML) & counter-terrorism financing(CTF) in relation …
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