1. Whoever commits the Crime of Money Laundering shall be punished with imprisonment for a term not less than one (1) year and not exceeding ten (10) years, together with a fine of not less than one hundred thousand dirhams (AED 100,000) and not exceeding five million dirhams (AED 5,000,000), or an amount equivalent to the value of the relevant Criminal Property; whichever is greater. 2. The penalty shall be temporary imprisonment and a fine of not less than one million dirhams (AED 1,000,000) and not exceeding ten million dirhams (AED 10,000,000), or an amount equivalent to twice the value of the relevant Criminal Property; whichever is greater, if the perpetrator commits the Crime of Money Laundering in any of the following circumstances: a. Where they exploit their influence or authority conferred upon them by virtue of their position or professional activity; b. Where the act is committed through a Non-Profit Organization; c. Where the act is committed through an organized criminal group; d. Where the Predicate Offence is one of the crimes set forth in Chapter Seven of Part One or Chapter One of Part Two of Book Two of Federal Decree by Law No. (31) of 2021 referred to hereinabove, or in Federal Decree by Law No. (30) of 2021 referred to hereinabove; e. In case of recidivism. 3. Whoever commits the Crime of Financing of Terrorism shall be punished with life imprisonment or temporary imprisonment for a term not less than ten (10) years, and a fine of not less than one million dirhams (AED 1,000,000) and not exceeding ten million dirhams (AED 10,000,000), or an amount equivalent to twice the value of the relevant Criminal Property; whichever is greater. 4. Whoever commits the Crime of Proliferation Financing shall be punished with temporary imprisonment and by a fine of not less than one million dirhams (AED 1,000,000) and not exceeding ten million dirhams (AED 10,000,000), or an amount equivalent to twice the value of the relevant Criminal Property; whichever is greater. 5. The attempt to commit the crimes of Money Laundering, Financing of Terrorism, and Proliferation Financing shall be punishable with the same penalty prescribed for the consummated crime. 6. The Court may, upon the request of the Attorney General or their delegate, or sua sponte, mitigate or exempt from the penalty prescribed in this Article any offender who voluntarily provides the judicial or administrative authorities with information concerning any of the crimes punishable under this Article, if such information leads to their disclosure, the identification or apprehension of their perpetrators, the establishment of proof against them, or the seizure of the Criminal Property.
Interpretation and application must be checked against the official text and current version.