Richard J. Gibbon
Squire Patton Boggs
Articles
Central Bank Guidance to UAE Financial Institutions Banking Cash-Intensive Businesses
United Arab Emirates - January 17 2022 The Central Bank of the UAE (“CBUAE”) has issued new guidance (the “Guidance”) to UAE financial institutions providing services to cash-intensive…
UAE’s New Executive Office of AML/CFT and Dubai’s New Specialized Money Laundering Court
United Arab Emirates, United Kingdom - October 11 2021 On August 22, 2021, at the directive of His Highness Sheikh Mohammed bin Rashid al Maktoum, Vice President and Prime Minister of the UAE and Ruler of…
KSA Connections: September 2021
Saudi Arabia, United Arab Emirates - September 6 2021 The Saudi Central Bank (SAMA) has issued new Shariah Governance Rules dated May 2021 (the Rules) for financial institutions operating in Saudi…
Malak Abbas, Marwa Al-Siyabi, Khalid A. Al-Thebity, Ahmed Butt, Matthew Powell, Dara Sahab
New Central Bank guidance for UAE financial institutions on suspicious activity/transaction reporting
United Arab Emirates - August 18 2021 On June 7, 2021, the UAE Central Bank issued new guidance requiring all UAE financial institutions to file suspicious activity reports (SARs) or…
Kevin P. McCart, Claiborne (Clay) W. Porter, Benjamin D. Wood
Responding to Financial Crime Risks during COVID-19
United Kingdom, USA - June 1 2020 Over the past few months, numerous organizations and agencies—including the intergovernmental Financial Action Task Force, UK Financial Conduct…
