UAE KYC Digital Platform Decree-Law

Article 15 — Article (15) Violations and Administrative Penalties

Finance and banking · Digital KYC platform

The Cabinet shall, based on the proposal by the Minister and in coordination with the Governor, issue the Regulation of Violations and Administrative Penalties for acts committed in violation of the provisions of this Decree by Law and its Executive Regulations, the mechanism for grievance related thereto, and the method for collecting administrative fines.

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