Picture for illustrative purposes only. ARCHIVE

The Federal Judicial Council has approved the UAE Attorney General's proposal to create specialised federal prosecution entities to deal with economic crimes and money laundering. The establishment of these entities represents a first step towards investigating and cracking down on economic crimes and money laundering, including those that fall on economic interests such as corporate crimes, bankruptcy, regulation of competition, financial markets, intellectual property and trademarks, or that violate the UAE's financial rights, such as customs evasion crimes. The creation of prosecution offices specialised in economic crimes and money laundering is a part of projects by the Ministry of Justice and the Federal Judicial Council to improve the professional and legal performance in the UAE. The project is aimed at reducing the impact of economic and financial crimes on the economy and society, and improving the efficiency and quality of criminal investigations. ICA/Expat Media
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