Financial Times FT.com

UAE brings in new rules to fight money laundering

By Simeon Kerr in Dubai

Published: June 23 2008 03:00 | Last updated: June 23 2008 03:00

The United Arab Emirates has implemented new anti-money laundering regulations as it seeks to meet international standards of financial compliance.

The central bank last week notified banks and exchange houses of the 13 new regulations that update the UAE's first anti-money laundering controls, which came into force in November 2000.

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