#fines

DFSA measures to tackle financial misconduct in 2024 Image Dubai Media Office

Here’s how DFSA cracked down on financial misconduct in 2024

The DFSA plans to continue its rigorous enforcement measures and provide clear regulatory guidance to all entities operating within the DIFC

UAE amends labour law introduces stricter fines for violations

UAE amends labour law, introduces stricter fines for violations

The decree outlines stricter regulations on employment relationships, clearly defining the rights and obligations of all parties and ensuring their protection by UAE law

Nuisance cold callers to face Dhs150k fines in UAE from August 27

Errant telemarketers in the UAE will face steep fines if they fail to comply with a set of new federal regulations.

Ministry of Economy, TRDA impose strict rules, heavy fines to check telemarketers

UAE: Ministry of Economy, TDRA impose strict rules, heavy fines to rein in telemarketers

Starting mid-August, telemarketers have to operate within stricter guidelines, including avoiding calling before 9am or after 6pm

RERA fines 30 real estate companies for non compliances with T&Cs stipualted in ads GettyImages-1129092019-1

Dubai: RERA fines 30 real estate firms for this violation

The agency had previously issued circulars and warnings to emphasise the provisions and conditions of real estate advertising and ensure compliance

UAE enacts new laws for healthcare professionals

UAE enacts new laws for healthcare professionals

Practising without a healthcare licence attracts a fine of not less than Dhs50,000 and not exceeding Dhs100,000

Mirabaud

DFSA fines bank Mirabaud $3m for anti-money laundering controls failings

The penalty includes disgorgement of $975,000, reflecting the economic benefit Mirabaud gained from its violations in the form of fees and commissions

Abu Dhabi Dhs10000 fine for non breaking fire safety rules Image GettyImages

Dhs10,000 fine for non-adherence of fire safety rules in Abu Dhabi

According to ADCDA, a fine will be imposed in case of the absence of a civil defence licence or a certificate of compliance with fire safety and prevention requirements

Dubai Police Launches Awareness Campaign on Amended Traffic Law Image Dubai Media Office

Dubai Police launches awareness campaign for recently amended traffic law

The newly launched campaign will run over seven weeks

Abu-Dhabi new speed limit - Getty Images

Abu Dhabi: New speed limit to kick in on June 7 on this road

Authorities recently lowered the speed limit on Sweihan Road — from Al Falah Bridge towards Abu Dhabi International Airport — from 140kmph to 120kmph

MohRE emiratisation fines

UAE’s MoHRE fines companies failing to achieve Emiratisation targets for 2022

The value of the monthly financial contributions imposed on private sector entities will increase progressively at a rate of Dhs1,000 annually until the year 2026

Former Abraaj COO reaches settlement with Dubai’s DFSA

Former Abraaj COO reaches settlement with Dubai’s DFSA

Waqar Siddique has withdrawn his Financial Markets Tribunal review and will not contest the regulator’s findings

Abu Dhabi

Abu Dhabi offers 25% discount on traffic fines paid within 30 days of violation

Also, all parking permit services for residents in Abu Dhabi has moved to the Darb platform

Covid cases today

Covid-19: Oman waives several fines to support the private sector

The Supreme Committee has also warned that authorities will shut down any establishments found in breach of the precautionary measures

Dubai Tourism steps up inspections to check compliance with Covid-19 guidelines

A total of 274 violations were recorded and 47 facilities closed, marking a compliance rate of 89 per cent

UAE’s Ministry of Economy unveils list of violations, fines for money laundering

The issuance of the violations and fines list supports the UAE’s efforts in combating money laundering crimes and financing of terrorism

UAE Central Bank fines individual Dhs600,000 under anti-money laundering law

The fine was imposed because the individual had no authorisation to undertake a function that required prior approval from the Central Bank

ABu Dhabi Schools Covid-19 Tests

Abu Dhabi: Nurseries, schools to face penalties upto Dhs250,000 for flouting Covid-19 protocols

Repeated non-compliance can lead to schools being forced to shift to distance learning, with parents entitled to remove their children and gain fee refunds

UAE Central Bank imposes fines worth Dhs45.75m on 11 banks

The financial sanctions were imposed on January 24, 2021

New Year celebrations: UAE urges people to adhere to protocols, warns of fines for violators

Several firework shows and other events have been organised in Dubai and Abu Dhabi to ring in 2021

Dubai reveals guidelines for social gatherings on New Year’s Eve with stiff fines for violators

Family gatherings and events organised in tents and homes are allowed to accommodate a maximum of 30 people

dirhams

Abu Dhabi jails six, slaps fines of Dhs160m on money laundering charges

The accused, also involved in drug trafficking, were found guilty of using exchange houses to transfer illegal funds to Pakistan

UAE airport

UAE authorities issue guidelines on applying for amnesty as Dec deadline looms

Following the amnesty period, those found with expired visas face fines of up to Dhs315 per week

UAE President pardons 628 prisoners ahead of National Day

Sheikh Humaid bin Rashid Al Nuaimi, Ruler of Ajman, also ordered the release of 49 prisoners

gavel

Financial tribunal delivers verdict against Al Masah; issues statement regarding Shailesh Dash

The tribunal noted that Shailesh Dash exhibited “a formidable mastery of the arguments”

Abu Dhabi department of energy updates list of violations, fines for licensed entities

The updated roster has over 70 violations with fines ranging from Dhs2,000 through to Dhs10m

UAE residence-visa

Deadline ends for UAE visa holders whose permits have expired

Those whose visas expired between March 1 and July 11 had a three-month grace period, which ended on October 10

Dubai closes brokerage office; fines 8 businesses and warns 1 for flouting Covid-19 measures

The violations were spotted in businesses located in Al Muraqqabat, Naif, Ayal Nasir, and Al Thanyah First areas

Dubai fines 5 businesses, warns 3 for flouting Covid protocols

The violating establishments were from Nadd Al Hammar, Port Seed and Naif