UAE Central Bank Enhances Anti-Money Laundering Measures

Apr 16, 2026

68 min

Apr 16, 2026 09:31

UAE tightens AML rules, banks face stricter checks

## New Guidelines for Financial Institutions

The Central Bank of the UAE has introduced updated anti-money laundering (AML) and counter-terror financing guidelines. These new measures aim to enhance the scrutiny of banks, money transfer operators, and hawala providers, focusing on customer verification, trade finance, and cross-border banking risks.

## Focus on Risk Identification

The guidelines emphasize a structured approach to identifying financial crime risks. Institutions are now required to assess their exposure to proliferation financing and improve their monitoring of trade-based money laundering and complex cross-border transactions.

## Enhanced Customer Due Diligence

Financial institutions must adopt more detailed customer due diligence procedures. This includes verifying identities, assessing risk profiles, and maintaining comprehensive records throughout client relationships. The guidance specifies the documentation required and stresses continuous oversight, especially for high-risk clients.

## Risk-Based Approach and Training

The central bank has also issued best practice manuals encouraging a risk-based approach across operations. Banks and exchange houses are expected to align their controls with identified risks and enhance internal training programs to ensure staff can identify and respond to suspicious activities.

## Aligning with Global Standards

These updates align with the UAE’s national strategy for 2024 to 2027 and international standards set by the Financial Action Task Force. The aim is to strengthen the UAE’s position as a secure financial hub and enhance its reputation in combating financial crime.

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