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coinpedia 2023-12-21 14:56:12

FSRA Revamps Anti-Money Laundering Rules to Strengthen the UAE’s Compliance

The post FSRA Revamps Anti-Money Laundering Rules to Strengthen the UAE’s Compliance appeared first on Coinpedia Fintech News The Financial Services Regulatory Authority (FSRA) in the UAE has updated its Anti-Money Laundering and Sanctions Rules and Guidance. The revisions clarify existing requirements, such as providing greater clarity that the Financial Action Task Force’s “Travel Rule” applies to virtual assets. These updates will impact all firms subject to the AML Rulebook, including financial services …

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