1.3. Legal Basis
Effective from 1/8/2022This Guidance builds upon the provisions of the following laws:
| • | Federal Decree Law No. 20 of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organizations as amended by Federal Decree Law No. (26) of 2021 (“AML-CFT Law”). | |||
| • | Cabinet Decision No. (10) of 2019 concerning the Implementing Regulation of Federal Decree Law No. 20 of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organizations, as amended by Cabinet Decision 24 of 2022 (“AML-CFT Decision”). | |||