UAE to Launch Specialized Federal Prosecutions for Economic Crimes and Money Laundering

The Federal Judicial Council, chaired by Abdullah Sultan Awwad Al Nuaimi, Minister of Justice, approves the Attorney General’s proposal to establish dedicated federal prosecutions specialized in handling economic crimes and money laundering.

The main focus of this project is to investigate and deal with economic crimes and money laundering cases, which include offenses such as corporate crimes, bankruptcy, and violations related to competition, financial markets, intellectual property, and trademarks.

This initiative is part of the government’s transformative projects aimed at improving the overall legal performance and supporting the country’s financial stability and economic development.