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ARTICLE · 23 SEPTEMBER 2021

Dubai's Recently Established Money Laundering Court Explained

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The following article was originally published for BSA in Arabian Business and discusses the implications of the Dubai Courts' specialised money laundering court.

United Arab EmiratesFinance and Banking
Hadiel Hussien
Hadiel Hussien
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The following article was originally published for BSA in Arabian Business and discusses the implications of the Dubai Courts' specialised money laundering court.

In August, Dubai Courts announced the establishment of a specialised court, focused on combating money laundering, within the Court of First Instance and Court of Appeal. The move, which seeks to strengthen the integrity of the financial system in the UAE, follows the establishment of the Executive Office of the Anti-Money Laundering & Countering the Financing of Terrorism (AML/CFT).

BSA Associate Hadiel Hussein, answers some important questions on the new court.

  • Why is it important to have a specialised court to combat money laundering?

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