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Article (25)

DFL 20/2018 Effective from 23/10/2018

Imprisonment for no less than one year and a penalty of no less than AED 100,000 (one hundred thousand dirham) and no more than AED 500,000 (five hundred thousand dirham) or any of these two sanctions shall apply to anyone who notifies or warns a person or reveals any transaction under review in relation to suspicious transactions or being investigated by the Competent Authorities or to investigate them or any Information related to a violation of the provisions of Article (17) of this Decree-Law

Article (25) bis

Imprisonment for no less than (3) three months and a penalty of no less than AED 50,000 (fifty thousand dirham) or any of these two sanctions shall apply to whoever possesses, conceals or performs any operation of funds when there is sufficient evidence or presumption of the illegality of its source.

Upon conviction, the court shall rule for confiscation in accordance with the provisions of Article 26 of this Decree-Law.

This article has been amended by Federal Decree-Law No. (26) of 2021. You are viewing the latest version. To view the previous version, click the version box below.
Version 1(effective from 23/10/2018 to 13/09/2021)

 

Imprisonment for no less than six months and a fine of no less than (100,000) one hundred thousand dirham and no more than (500,000) five hundred thousand dirham or any of these two sanctions shall apply to anyone who notifies or warns a person or reveals transaction under review in relation to Suspicious Transactions or being investigated by the Competent Authorities.