Unified UAE Legislation Database

Federal Decree-Law No. 30 of 2024 Regarding “Know Your Client” Digital Platform

Status

In force

Issuing Authority

President of the UAE

Effective date

XX.XX.XXXX

Official Link

https://

We, Mohammed Bin Zayed Al Nahyan, President of the UAE, 

− Upon reviewing the Constitution

Federal Law No. 1 of 1972 Concerning the Competences of Ministries and the Powers of Ministers, as amended; 

Federal Law No. 8 of 2004 Concerning the Financial Free Zones; 

Federal Law No. 6 of 2010 Concerning Credit Information, as amended; 

Federal Decree-Law No. 14 of 2018 Concerning the Central Bank and the Regulation of Financial Institutions and Activities, as amended; 

Federal Decree-Law No. 20 of 2018 Concerning Combating Money Laundering and the Financing of Terrorism and Illegal Associations, as amended; 

Federal Decree-Law No. 32 of 2021 Concerning Commercial Companies; 

Federal Decree-Law No. 45 of 2021 Concerning the Personal Data Protection;

− The Proposal of the Minister of Finance; and the Approval of the Cabinet;

Have promulgated the following Decree-Law:

 

Article 1 —  Definitions 

In application of the provisions of this Decree-Law, the following words and phrases shall have the meanings assigned to each of them, unless the context otherwise requires: 

 

State: United Arab Emira...