The United Arab Emirates has introduced updated Anti-Money Laundering (AML) and sanctions rules that specifically address digital assets. This development, spearheaded by the Financial Services Regulatory Authority (FSRA), marks a pivotal moment in the UAE’s approach to managing the evolving landscape of digital finance. With these revisions, the UAE aims to enhance its vigilance against financial crimes in the crypto sphere, aligning with global standards and reinforcing its position as a leading financial hub.
Author: UAEPress_Admin
Post
Post
Thousands of worshippers attend traditional Christmas services in Abu Dhabi and Dubai
Christians across the Emirates filed into churches and stood outside chapels to listen in to Christmas Eve and Christmas Day services.
Post
UAE rulers condole Saudi King over passing of Prince Mohammed bin Badr
Their Highnesses Supreme Council Members and Rulers of the Emirates have sent separate condolence messages to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, on the passing of Prince Mohammed bin Badr bin Fahd bin Saad Al Awal Al Abdurrahman Al Saud.
Post
Majalis Abu Dhabi hosts first group wedding at Majlis Al-Markhaniya
Majalis Abu Dhabi, at the Citizens and Community Affairs Office, part of the Presidential Court, has hosted the first group wedding at Majlis Al-Markhaniya in Al Ain.
Post
UAE provides 100 tonnes of food supplies through World Food Programme to support Sudanese refugees in South Sudan
On Thursday, the UAE dispatched a plane to the Republic of South Sudan carrying 100 tonnes of food supplies to provide essential humanitarian needs to the Sudanese refugees in South Sudan.
Post
Ruler of Umm Al Qaiwain checks on condition of Emirati nationals injured in Prague shooting
H.H. Sheikh Saud bin Rashid Al Mu'alla, Supreme Council Member and Ruler of Umm Al Qaiwain, made a phone call to Ahmed Ibrahim Obaid Ali Al Ali, Director-General of Umm Al Quwain Municipality, to check on his condition and the condition of his wife Rowdah Al Mehrizi, who were both injured in a shooting incident in the Czech capital, Prague.
Post
17 corporate teams participate in DEWA’s 8th Suppliers Cricket Tournament
Dubai Electricity and Water Authority (DEWA) organised the 8th Suppliers Cricket Tournament 2023, at the Insports Club in Al Quoz, Dubai, with the participation of 17 corporate teams. This is part of its social responsibility and commitment to enhance the happiness of all stakeholders.
Post
UAE and Mauritius finalise terms of Cepa deal to boost trade and investment ties
The UAE and Mauritius have concluded the terms of a Comprehensive Economic Partnership Agreement (Cepa) to boost trade and investment flows and private sector collaboration.
Post
Sheikh Zayed Festival announces programme to celebrate New Year 2024
The Higher Organising Committee of the Sheikh Zayed Festival, currently taking place at Abu Dhabi’s Al Wathba showgrounds, has announced its fun New Year’s special programme, including events, shows, folkloric performances and international art shows arranged to celebrate the season and New Year’s Eve, in a cultural and entertaining setting that will attract millions of visitors, residents and tourists from around the world.
Post
Sharjah Finance Department signs MoU with FTA
The Sharjah Finance Department signed a memorandum of understanding (MoU) with the Federal Tax Authority (FTA) regarding the disclosure of information in the possession of the authority or its employees, determining the cases, in which it is permitted to disclose information and the associated procedures for monitoring, security, subsequent disclosure, and accuracy of information.