Central Bank of UAE (CBAUE) expects high standards of Anti-Money Laundering (AML) compliance from all banks, including branches of foreign banks operating in the UAE.

We are in close contact with the home regulator of the Pakistani bank, the State Bank of Pakistan, and will take appropriate regulatory action once we have verified the findings reported in the media to confirm if there was any violation to UAE’s Anti-Money Laundering and Combat of Financing of Terrorism (AML/CFT) laws and procedures. CBUAE confirms that it has zero tolerance for non-compliance with AML legal requirements.

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