Emerging Technology and Role of the Internal Auditor in UAE
Technology is evolving at an unprecedented pace. Corporate entities strive to improve service delivery and consequently customer satisfaction through…
The UAE’s new Labour Law has been formally Announced
The UAE has introduced a new labour law for employees, which came into effect on February 2, 2022. The New labour Law, like the current labour law,
Gold sourcing controls to be implanted in UAE’s AML Laws
Traders have been flocking to the United Arab Emirates for almost a century in quest of commodities and gold.
M&A demand is expected to flourish in UAE’s Healthcare
The healthcare industry in the UAE has grown dramatically over the last decade, as indicated by the increasing number of hospitals and clinics around the nation.
UAE Central Bank Launched New Guidance to Re-inforce AML/CFT
The global economic downturn, coupled with the COVID-19 pandemic and increasing financial crimes has produced a lethal mixture for financial institutions,
AML/CFT Fresh Guidance issued by UAE Central Bank
The Central Bank of the UAE (CBUAE) has issued fresh anti-money laundering and counter-terrorist financing (AML/CFT) guidelines to Registered Hawala Providers
Preventing Financial Fraud UAE – Ensure your organisation is protected
According to the Federal Trade Commission (FTC), in 2019 a reported $1.9 billion was lost to financial fraud, and that represented an increase of over 15% from the previous year.
The need for Due Diligence in Mergers and Acquisition in UAE
COVID-19 has affected most SME business sectors in 2020 and current year 2021. The impact of the pandemic still exists in current market
AML and CFT Registration deadline in UAE Extended till April 30
The Ministry of Economy has extended the deadline for registration of AML and CFT till the end of April for “Designated Non-Financial Businesses and Professions” (DNFBP`s).