In its report on the Monetary & Banking Developments for May 2022, CBUAE clarified that the gross credit grew by 2.6 percent rising from AED1,817.4 billion at the end of April 2022 to AED1,865.5 … [+1915 chars]
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The guidance, which comes into effect today, will assist LFIs’ understanding of risks and effective implementation of their statutory AML/CFT obligations, and takes Financial Action Task Force (FATF)… [+1903 chars]
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