Anti-Money Laundering, Counter-Terrorist Financing and Sanctions Module Rule-making Instrument (No. 338) 2022

The Board of the Dubai Financial Services Authority repeals the previous Anti-Money Laundering, Counter-Terrorist Financing and Sanctions Module (AML/VER20/11-22) and replaces it with a new version identified as (AML/VER21/11-22). This replacement is contained in Appendix 1 of the instrument, which also includes guidance made by the Chief Executive. The instrument was made on 29 June 2022 and comes into force on the date the Regulatory Law Amendment Law, DIFC Law No. 5 of 2022 comes into force.

DFSA published 5 documents in the last 30 days — get each new one by email the day it lands.

ANTI-MONEY LAUNDERING, COUNTER-TERRORIST FINANCING AND SANCTIONS MODULE (AML) RULE-MAKING INSTRUMENT (No. 338) 2022 The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004, hereby make the Rules in the appendix to this instrument. The appendix to this instrument also contains the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004. Commencement:
(1) This instrument is made on 29 June 2022 and shall come into force on the date the Regulatory Law Amendment Law, DIFC Law No. 5 of 2022 comes into force. Amendments to Modules:
(2) The Anti-Money Laundering, Counter-Terrorist Financing and Sanctions Module (AML) – (AML/VER20/11-22) is repealed and replaced by Appendix 1 to this instrument and may be identified by the following reference – (AML/VER21/11-22). Citation:
(3) This instrument may be cited as the Anti-Money Laundering, CounterTerrorist Financing and Sanctions Module Rule-making Instrument (No. 338) 2022. (4) Appendix 1 to this instrument may be cited as the Anti-Money Laundering, Counter-Terrorist Financing and Sanctions Module or AML. By Order of the Board Fadel Al Ali Christopher Calabia Chairman Chief Executive 29 June 2022 RMI 338/2022

Read the rest free

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Source: Dubai Financial Services Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works