The UAE takes its role in protecting the integrity of the global financial system extremely seriously. This means actively administering and enforcing economic and trade sanctions. The UAE has the essential components of a sanctions compliance program in place, including engaging with the private sector to further promote understanding of, and compliance with, sanctions requirements.
The UAE government does not seek to comment on specific, or ongoing investigations. However, where the integrity of the UAE’s compliance commitments is called into question, or the UAE is wrongfully perceived to ignore apparent violations, we have a duty to respond.
The UAE confirms that a thorough and comprehensive investigation is fully underway into the three named entities. This includes using recent legislative changes (Cabinet Resolution no 58), designed to improve corporate transparency through a framework for reporting and registering beneficial ownership.
The scale and complexity of financial crime has increased. So too has the UAE’s awareness and understanding of it. That is why the UAE is committed to taking action. This is reflected in the high-level policy and political commitment to establish and operate a sophisticated financial crime compliance system.
This includes a shared objective across all UAE entities to prevent, detect, and deter illicit activity in the financial system. As part of this, we are improving the way we are sharing information across our financial sector and with law enforcement and government.
Related News
H.E. Lana Nusseibeh Receives Credentials Copy from Ambassador of the United Kingdom of Great Britain and Northern Ireland
H.E. Lana Zaki Nusseibeh, UAE Minister of State, received a copy of the credentials of H.E. Geraldine McCafferty, Ambassador of the United Kingdom of Great Britain and Northern Ireland to the United Arab Emirates.
View Details
Joint Press Release Ahead of the Launch of Emirates’ New Dubai-Helsinki Route
On Monday 31 of August 2026, the Embassy of the United Arab Emirates (UAE) in Helsinki, in cooperation with Emirates, organized a promotional event titled “Bridging Dubai and Helsinki with Emirates” at Solo Sokos Hotel Pier 4 in Helsinki, to celebrate the upcoming launch of Emirates’ new Dubai-Helsinki route.
View Details
UAE Strongly Condemns Hostile Iranian Attack on Kuwait
The United Arab Emirates has condemned in the strongest terms the hostile attack by Iran targeting the brotherly State of Kuwait, with missiles and drones.
View Details
H.E. Noura Al Kaabi Visits Timor-Leste to Advance Bilateral Cooperation
Her Excellency Noura Al Kaabi, Minister of State, concluded an official visit to the Democratic Republic of Timor-Leste as part of a broader Pacific tour aimed at enhancing cooperation across priority sectors.
View Details