Sat, Aug 23, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Funds more

UAE cautions public on unlicensed fund operators

Posted on 15 May 2009

From Gulfnews.com: The National Anti-Money Laundering Committee (NAMLC) meeting chaired by the UAE Central Bank Governor Sultan Nasser Al Suwaidi on Thursday approved a cautionary notice to the public regarding some individuals and institutions that are not licensed by the Central Bank, but are promoting fund management operations in the investment field.

As well, the committee identified fraudulent techniques and approved a circular to all banks and other financial institutions regarding full compliance with anti-money laundering laws and regulations, the bank said in a statement…….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031