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Saturday, Nov 27, 2021

UAE drafts new law on charity fundraising to combat money laundering

UAE drafts new law on charity fundraising to combat money laundering

The UAE is developing a new law that will further regulate fundraising and donations for charity in the country to tackle money laundering.
The legislation – or the ‘Fundraising Regulatory Law’ – will apply to non-government organizations soliciting funds in the country, according to a senior government official.
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