CBUAE issues updated AML/CFT/CPF guidance

April 16, 2026 / 5:23 PM

Sharjah 24 – WAM: The Central Bank of the United Arab Emirates (CBUAE) has issued updated guidance on Anti-Money Laundering, Combating the Financing of Terrorism and Proliferation Financing (AML/CFT/CPF), aligning the framework with international best practices and strengthening supervisory standards for licensed financial institutions and registered hawala providers.

Strengthening financial system integrity

The updated guidance aims to enhance the effectiveness of compliance systems across the UAE financial sector, reinforcing national efforts to combat financial crime and maintain a secure and stable financial environment. It supports the country’s broader goal of safeguarding the integrity of its financial system while improving risk detection and prevention capabilities.

Alignment with national and international standards

The package is aligned with the UAE National Strategy (2024–2027) and the requirements of the Financial Action Task Force (FATF). It is designed to help Licensed Financial Institutions and Registered Hawala Providers better understand and manage risks related to money laundering, terrorist financing, and proliferation financing, while strengthening proactive monitoring and compliance practices.

Four key regulatory guidance documents issued

The CBUAE introduced four key guidance documents covering proliferation financing risk assessment and mitigation, trade-based money laundering and transshipment risks, correspondent banking relationships and associated compliance expectations, and customer due diligence including Know Your Customer requirements and record-keeping obligations. These documents aim to improve institutions’ ability to assess risk, implement appropriate controls, and ensure full compliance with UAE regulations.

Best practice manuals on risk and training

In addition, the package includes two best practice manuals focused on implementing a risk-based approach to financial crime prevention and enhancing role-based AML/CFT/CPF training. These aim to strengthen institutional risk assessment methodologies and improve staff and management capabilities in detecting and responding to suspicious financial activity.

CBUAE reaffirms commitment to financial security

CBUAE Governor Khaled Mohamed Balama said the updated guidance reflects the central bank’s commitment to reinforcing the UAE’s position as a secure and trusted global financial hub. He added that the framework is intended to enhance awareness within the financial sector and ensure institutions can effectively identify and manage emerging risks while contributing to a resilient and stable financial system.