UAE Anti-Money Laundering Law

Article 28 — Article (28)

Chapter Twelve: Penalties

Whoever deliberately or through gross negligence violates the provisions of Article (18) hereof shall be punished by imprisonment and a fine of not less than one hundred thousand dirhams (AED 100,000) and not exceeding one million dirhams (AED 1,000,000), or by either of these two penalties.

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