Submitted: 12 March 2018
On 22 February 2018, the Dubai Financial Services Authority (the DFSA), which is the independent financial services regulator for the Dubai International Financial Centre (the DIFC), issued Consultation Paper No. 118 on proposed changes to the DFSA’s Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF) and Sanctions Regime (the Consultation Paper No. 118). The deadline for providing comments to the DFSA is 24 March 2018. This article outlines some of the key issues.