The U.A.E. criminal law
16. Under Article 3 of Federal Decree By Law No. 20 of 2018, a Relevant Person may be criminally liable for the offence of money laundering if such an activity is intentionally committed in its name or for its account. Relevant Persons are also reminded that:
a. the failure to report suspicions of money laundering;
b. "tipping off"; and
c. assisting in the commission of money laundering,
may each constitute a criminal offence that is punishable under the laws of the U.A.E.
|Amended on (15 April, 2019).|