The UAE has become the first country in the Gulf to launch ‘goAML’, a new anti money laundering reporting platform developed by the United Nations Office on Drugs and Crime to curb organised crimes.
All financial entities and Designated Non Financial Businesses or Professions have to register on ‘goAML’. The platform will help the Financial Intelligence Unit of UAE to prevent money laundering, financing of terrorism and other illicit financial activities.
Source: News On Air
Static/Current Takeaways Important For RRB NTPC/IBPS RRB Mains:
- President of UAE: Khalifa bin Zayed Al Nahyan; Capital: Abu Dhabi.
- Currency of UAE: United Arab Emirates Dirham.