UAE Central Bank sanctions Bank Melli Iran over compliance breaches
The Central Bank of the UAE has imposed strict enforcement measures on the UAE branches of Bank Melli Iran following violations of regulatory requirements, including legislation related to anti-money laundering and combating the financing of terrorism and proliferation financing.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, approved the strategy and operating budget of the Dubai Longevity Authority on Sunday.
His Highness Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, met justice and interior ministers from a number of countries on Sunday on the sidelines of the 15th United Nations Congress on Crime Prevention and Criminal Justice in Abu Dhabi.
UAE Minister of Justice Abdullah Sultan bin Awad Al Nuaimi has emphasised the UAE's progressing integrated system for international judicial cooperation, noting that "borders should never become a shield for criminals".