The UAE is known the world over as an open and welcoming business environment. it is one of many reasons why entrepreneurs from across the globe flock to live and work out here in the Emirates.

To remain on a level field with other business powerhouses such as the EU and US, the UAE implements a range of regulaations aimed at avoiding money laundering.

Anti – money laundering is the simple term for set of legislation governing the source, maintenance and transfer of funds in the UAE. the aim of the legislation is to increase transparency and keep the country in line with other international jurisdictions.

This legislation comprises two specific laws: No 2/2002 Anti – Money Laundering (AML) and No. 1/2004 Counterterrorist Financing (CTF).