October 30, 2018 / 9:33 AM / 19 days ago

UAE passes law to combat money laundering, terror financing

FILE PHOTO: United Arab Emirates President Sheikh Khalifa bin Zayed al-Nahyan listens to closing remarks during the closing ceremony of the Gulf Cooperation Council (GCC) summit in Kuwait's Bayan Palace December 15, 2009. REUTERS/Stephanie McGehee

DUBAI (Reuters) - The United Arab Emirates passed a law to combat money laundering and terrorism financing, it said on Tuesday.

The law follows a decree by UAE President Sheikh Khalifa bin Zayed al-Nahyan.

Reporting By Tom Arnold; editing by John Stonestreet

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