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# CBUAE Imposes AED 10.7 Million Sanction on UAE Exchange House for AML/CFT Failures
- URL: https://www.theglobalbanker.com/cbuae-imposes-aed-10-7-million-sanction-exchange-house-aml-cft-failures-august-2025/
- Published: 2025-08-01T12:06:00.000Z
- Updated: 2026-11-05T14:18:15.000Z
- Description: The Central Bank of the UAE fined an unnamed exchange house AED 10.7 million on 1 August 2025 for failing to comply with AML/CFT policies and sanctions obligations.
- Author: TGB Editorial Team
- Tags: Regulations, MENA, #archive

The Central Bank of the UAE imposed a financial sanction of AED 10,700,000 on an unnamed exchange house on 1 August 2025, citing the institution's failure to comply with its anti-money laundering and counter-financing of terrorism policies and procedures as well as its sanctions obligations. The penalty was issued pursuant to Article 14 of Federal Decree Law No. 20 of 2018 on Anti-Money Laundering, Combating the Financing of Terrorism and Illegal Organisations. The CBUAE said the sanction followed an examination whose findings showed the exchange house had failed to comply with AML/CFT policies and procedures and its sanctions obligations.

#### FATF GREY LIST EXIT

The UAE was removed from the Financial Action Task Force grey list in February 2024\.