Central Bank of the UAE

CBUAE fines a foreign bank branch AED 20 million and its head of compliance AED 300,000 for AML/CFT failures

CBUAE imposed a AED 20 million financial sanction on an unnamed foreign bank branch operating in the UAE for 'significant, repeated failures' in its AML/CFT framework, and separately fined the branch's head of compliance AED 300,000 for failing to fulfil his AML oversight responsibilities. This signals CBUAE's continued individual-accountability enforcement approach for MLRO/compliance officers, not just institutions.

What firms should do

Informational — illustrates CBUAE's enforcement priorities on AML governance and individual compliance-officer accountability

Regulator: Central Bank of the UAE
Type: Enforcement Notice
Status: Final/In Force
Published: 24 Jun 2026
Topic: AML/CFT
Impact: Medium

Read it on the regulator's website

Found automatically on the regulator's website and summarised by AI by Arakan Lexara. Not legal advice; check the official source before relying on it.

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CBUAE fines a foreign bank branch AED 20 million and its head of compliance AED 300,000 for AML/CFT failures

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