It has been lately noticed that due to commercial requirements there might be a possibility of swapping the cheques and for some alternate reasons

The federal degree number 14 of 2020 has amended and added new articles to the UAE commercial transaction law no. 18 of 1993. The recent changes will be in force from January 2022 onwards.

Financial crimes can be best understood as criminal activities carried out by an individual or group of people or organizations which seek to achieve economic benefits through illegal methods.

In an effort to enhance its compliance with Federal Law No.4 of 2002 regarding Anti-Money Laundering and Combatting Financing of Terrorism, the Dubai Creative Clusters Authority...

The United Arab Emirates has established a comprehensive legal framework to combat Money Laundering (ML), Terrorism Financing (TF), and Proliferation Financing (PF) that aligns with international norms and FATF guidance.

Employees from over 100 exchange houses in the UAE will be given training in an attempt to reduce financial crimes in the banking sector.

The treaty will enable the countries to help each other in criminal investigation and prosecution of crimes through mutual collaboration and extradition

With the rapid advancement of technology and the increasing digitalization of financial transactions, the threat of bank fraud has become a significant concern globally, including in the UAE.

Today, many investigations hinge less on physical traces like fingerprints or footprints, and more on "invisible" digital breadcrumbs left on smartphones, computers...

A public officer or person entrusted with a public service is: A person employed by a public association or corporation instituted for the public benefit; or A person who performs work related to public service by virtue of a mandate given to him by a competent officer who is authorised to do so according to the laws and regulations.

Fraud of CEO of private jet firm against Dubai-based gift company...

As in many other jurisdictions, there are certain legal requirements and conditions that must be met for a cheque payment to be enforced in the UAE.

Intentional signature forgery, particularly concerning cheques, is a serious offence under UAE law. It challenges the trust in financial transactions and causes significant harm to both individuals and businesses.

Leading lawyer warns of dire consequences for embellishing CVs with false information.

In common language, smuggling is understood as the illegal import or export of products into or out of a country.

The literal meaning of swindling is to take money or property from someone fraudulently, especially on a large scale. The term is often used interchangeably with fraud,...

On Sunday 11th August, 2024, the UAE introduced a new Federal Decree-Law to amend provisions of the existing law on anti-money laundering.

Trademark registration establishes legal rights, but it cannot detect counterfeits entering the market or protect the customer trust your brand has built. The UAE's new Executive Regulations on Combatting Commercial Fraud introduce stricter timelines and procedures for identifying and removing counterfeit goods, making early detection and coordinated enforcement more critical than ever.

The United Arab Emirates has called on its courts to begin enforcing the judgements of British courts, in a move that could affect the city of Dubai's status as a haven for the world's wealthy.

I have just moved to the UAE and I want to rent an apartment but I have heard a lot of stories about fraud committed by agents.