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CBUAE

Unnamed entity

CBUAE imposed a financial sanction of AED 5,800,000 on a bank for deficiencies in its AML/CFT policies and procedures under Federal Decree Law No. (20) of 2018.
Date
2024-08-02
Entity type
bank
Action type
Fine
Fine (as written)
AED 5,800,000
Fine (normalised AED)
5,800,000
Personal fine
No
Regulations breached
AML/CFT deficiencies, Article 14 of Federal Decree Law No. (20) of 2018
Scraped at
2026-07-04T23:09:58.581816+00:00
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