Unified UAE Legislation Database

Dubai Aviation City Corporation Circular No. 1 of 2019 Regarding Federal Decree-Law No. 20 of 2018 on Anti-money Laundering and Countering the Financing of Terrorism and illegal Organizations, and its Regulation

Status

In force

Issuing Authority

Ports, Customs and Free Zone Corporation

Effective date

XX.XX.XXXX

Official Link

https://

Date: 11th July 2019

 

Dear Valued Customers,

 

Pursuant to Federal Decree-Law No. 20 of 2018 regarding Anti-Money Laundering, Combating the Financing of Terrorism, and illegal Organizations, and its Regulation (the “AML/CFT Legislation”), all companies licensed by Dubai Aviation City Corporation which conduct DNFBPs activities shall ensure their compliance with the AML/CFT Legislation.

 

The DNFBPs activities are identified in Article 3 of the Cabinet Decision No. 10 of 2019 Concerning the Executive Regulation of Federal Decree-Law No. 20 of 2018 on Anti- Money Laundering and Combating the Financing of Terrorism and Illegal Organizations.

 

For any clarifications or information related to DNFBPs activities, please contact Licensing and Regulatory Affairs Team through Email: [email protected].

 

To view and download the Federal Decree-Law no. 20 of 2018, kindly click here for Arabic Version, or English Version.

 

To view and download the Cabinet Decision No. 10 of 2019 Concer...