UAE & EOCN

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The  Rulebook is a service provided by the Central Bank of the UAE to the  public, offering access to the regulations, standards and guidelines it  has issued. 

The  CBUAE Rulebook aims to accurately reflect the regulatory framework  currently in place. 

NRA assessment is a FATF requirement, and a first step in the Mutual Evaluation process to implement FATF and MENAFATF recommendations after their assessment of the UAE in 2019-2020.

The NRA has helped the UAE and its public and private sector partners to have a more comprehensive and shared understanding of the inherent ML/TF risks facing the nation as a whole

The term TFS refers to asset freezing and other financial prohibitions, agreed upon by the UNSC, to prevent funds or other assets from being made available, directly or indirectly, for the benefit of listed individuals, groups and entities.

This guidance is therefore focused on the procedures to implement the UN and local TFS regimes by all Persons (natural and legal) the UAE.

 For Money Exchange Houses and registered Hawaladars, UAE Remittance  Reporting System (UAERRS) provides a platform to report details of all  remittances conducted on a daily basis. 

Definition of WMD proliferation and proliferation financing. Stages of proliferation financing.

UAE’s framework on counter-proliferation and its financing. Understanding, assessing, and mitigating PF risks.

Targeted financial sanctions must be implemented in accordance with  the relevant UNSC Resolutions, including the UN Consolidated List, and  the Local Terrorist List.