Regulatory Alerts2026-01-01
Consultation Paper No. 1 of 2026 – Proposed Enhancements to the Anti-Money Laundering Framework of the FSRA
The Financial Services Regulatory Authority of Abu Dhabi Global Market proposes comprehensive amendments to its Anti-Money Laundering Framework to align with New Federal AML Laws and international best practices. The revisions introduce substantive requirements for electronic fund and virtual asset transfers, including specific travel rule obligations, while refining customer due diligence, correspondent banking, and risk assessment protocols. These changes aim to enhance regulatory clarity and structure without imposing significant new compliance burdens on authorized persons and designated non-financial businesses.
Share