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Recent AML/CFT Enforcement Actions in the UAE: What We Can Learn


The UAE has recently taken aggressive steps to enforce its AML/CFT (Anti-Money Laundering/Counter-Financing of Terrorism) regulations, signaling a clear zero-tolerance policy for compliance failures. In 2025, the Central Bank of the UAE (CBUAE) imposed significant fines—such as AED 3 million on a UAE bank and AED 5.9 million on a foreign bank branch—for AML compliance violations. The Ministry of Economy (MOE) also revoked the licenses of multiple precious metals dealers found to have breached AML/CFT laws.​

Key Enforcement Actions

·         The CBUAE launched intensified inspections and applied large fines, license revocations, and personal sanctions for systemic compliance failures.​

·         In August 2024, a local bank was fined AED 5.8 million for deficiencies in its AML/CTF protocols.​

·         The new Federal Decree Law No. 10 of 2025, effective from October 2025, expands liability to include corporate entities and senior managers for a broader range of offenses, increasing accountability for misconduct.​

Regulatory Developments

·         The UAE approved a 2024–2027 National AML/CFT Strategy, focusing on cybercrime, digital payments, and trade-based money laundering.​

·         A new Supreme Committee was created to oversee national AML/CFT efforts, strengthening investigative and enforcement mechanisms.​

·         The UAE has aligned its legal framework with international standards, leading to its removal from the FATF Grey List and reinforcing global regulatory alignment.​

Lessons Learned

·         Businesses operating in the UAE must prioritize robust compliance frameworks, especially in high-risk sectors such as banking, precious metals, and virtual assets.​

·         Increased scrutiny means that both organizations and senior managers face personal liability for compliance failures, emphasizing the need for effective internal controls and oversight.​

·         Proactive adaptation to evolving regulations and heightened enforcement is crucial to avoid penalties and reputational damage.​

These actions demonstrate the UAE’s commitment to strengthening its financial integrity and serve as a clear warning to all stakeholders to maintain strict adherence to AML/CFTrequirements.

Conclusion

WinguardAML stands out as a trusted AML compliance service provider in Dubai, UAE, offering robust, technology-driven solutions tailored to local and international regulatory requirements. With expert guidance, advanced monitoring tools, and a commitment to regulatory excellence, WinguardAML helps businesses mitigate financial crime risks, ensure compliance, and operate with confidence in an evolving regulatory landscape.


 

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