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money laundry UAE UAE Central Bank blacklists insurgents Gulf news Financial institutions in the UAE were told to hunt for any possible assets in the country belonging to internationally known insurgents, If found, the assets are to be frozen following approval by a special anti-money laundering unit within the UAE Central Bank. Investigators with the UAE Central Bank issued a blacklist of suspected persons wanted by international authorities to banks, money-changers and investment and finance companies. The list is part of what was identified by the Central Bank as circular 234/2013 asking recipients to help enforce the United Nations Security Council’s efforts to cut off money supplies for wanted criminals from Somalia and Eritrea. “You are requested to immediately search for and freeze any accounts or deposits or investments and inform us of any credit facilities or safe deposit boxes in the names of natural persons mentioned in the following list,” stated the Central Bank in its circular. The Bank also asked the banking and financial sectors in the UAE to regularly update their records with a view to freezing or cancelling assets after obtaining approval from the AntiMoney Laundering and Suspicious Cases Unit of the Central Bank.
The first phase implementation of the program will take effect Sept. .000 employees or more.The Central Bank list includes Al Shabab or Hizbul Shabab or Hizbul Islam or Harakat Shabab Al Mujaheedin. Insurgent groups such as Al Shabab are alleged to be extorting money from private companies and recruiting young people to join the fight against the newly-installed government in Mogadishu. Labour Remunerations KSA Ministry set to implement wage protection system in Saudi Arabia Arab news The Ministry of Labor announced that it will begin requiring all companies with 3. security and stability of Somalia. threatened the fragile peace. The WPS program is intended to monitor the payment of wages to Saudi and non-Saudi employees in the private sector by requiring employees to submit current pay stubs or documentation demonstrating that employees are paid according to their working hours and salaries agreed upon with the employer. The ministry said in its press statement that it will stop all ministry services for companies that fail to implement the program.000 or more employees and all private schools to implement the Wage Protection System (WPS) program starting on Sept. as well as all private schools. with the exception of labor permit renewal services. 1. The program requires companies to submit wage information via the eservice program to the Ministry of Labor. 1. regardless of size. said the Central Bank. which is alleged to have engaged in acts. In the event that a company continues to delay implementation. and will apply to all private sectors with 3. the ministry will halt all its services and will allow employees of the company to transfer services to another company without permission from the employer.
The WPS program does not play a role in determining employee's wages in the private sector. Then. Transport Land transport UAE New UAE law regulates land transport Arab news The UAE's new Land Transport Act will come into effect from September 1.emol. The violators will have to face jail term or fine. but rather is aimed at monitoring the process of wage payments to employees.sa. All private companies should being taking necessary steps for implementing the program in order to avoid any penalties. he noted. The license applicant must be a UAE citizen and the transport vehicle should be equipped with safety gear and should satisfy all technical conditions stipulated by the authority. as well as open a wage payment file authenticated by the bank. no land transport business maybe practiced without getting a license from the National Transport Authority (NTA). Employers are strongly urged to update the system with any changes to employee information or wages so as to ensure that correct payment information is applied during payment. . Employers are not subject to any costs by the Ministry of Labor to implement the program.The ministry will announce further details regarding subsequent stages of implementation for other smaller companies and establishments.gov. Employers are first required to open bank accounts or facilitate the release of ATM cards for their employees from a local bank. According to this law. The program's operation links the employer. The new law clearly explains the rules of carrying passengers and goods between the UAE and other countries as it specifies the responsibilities and commitment of the parties to ensure the safety of passengers and goods. and the employee. the bank. All information regarding monthly payment of wages must then be submitted to the ministry using the e-service. employers must register with the WPS program at the ministry's website at www.
He added there are three types of such kind of activity in Saudi Arabia. He added that the Saudi Commission for Tourism and Antiquities (SCTA) is linked to the program since its chairman is also the president of its supervisory committee. along with those other Arab states. The purpose of this fixed charge is to maintain regular and safe local and international transport. or international driving license. The Land Transport Law fixes a charge of AED500 per activity for the transport of 18 goods such as livestock. The law also introduces procedures for renewing and obtaining a temporary. firstly. These will be announced at the Saudi Forum for Exhibitions and Conferences in Jeddah on Nov. 13-14. The new law includes the issuance and granting of licenses related to practicing international and inter-emirates road transport services. Commercial Economic activities KSA New laws to regulate holding of exhibitions Arab news Tariq Al-Essa. and also the procedures for the guarantor and car clubs which issue customs traffic books and cards for small cars. He said the program would implement the regulations and bylaws of the Ministry of Commerce and Industry’s Permanent Committee for Exhibitions and Conferences until plans and policies to develop the sector are approved.Sources said the NTA has already discussed the new law with officials in Saudi Arabia and other GCC countries and informed them of the law. are organized by specialized institutions to ease meetings between buyers and sellers in a cost . project manager at the Saudi Exhibition and Convention Bureau. said that the national program approved by the Cabinet regarding an independent entity for the development of the conferences and exhibitions sector in Saudi Arabia will start early September. foodstuff and chemicals. Al-Essa said the Cabinet entrusted the national program to grant licenses to premises and facilities for exhibitions and conferences in Saudi Arabia and to control and rehabilitate the organizing companies and institutions in coordination with authorities. permanent. Exhibitions.
. Saudi investor and consumer. and will come into effect in six months. Investors in gold and jewelry say the conferences and exhibitions sector has been negatively affected by exhibitions that are poorly organized and provide no protection for merchants and consumers. This has negatively affected the Saudi jeweler. are for charitable purposes. Charitable exhibitions are temporary markets run by a charity and whose revenues. which protects children from being exposed to cigarette smoke and discourages them from picking up the habit. The holding of exhibitions is a principal demand for the exchange of expertise and manufacturing in light of the international competition faced by this sector. They also said that passive smoking is an avoidable risk factor for respiratory symptoms in children who are unprotected from exposure in both cars and homes. there are temporary markets for individuals and shops selling at low prices. The updated anti-smoking legislation was announced in the third week of this month. achieved through direct selling. Thirdly. They said these exhibitions contributed to lowering jewelry sales in Saudi Arabia by 50 percent as of the beginning of 2013 with further gloomy predictions for this sector in the coming years. Exhibitions should be held in an organized manner while respecting the rights of the foreign exhibitor. Experts believe that children in families of smokers have an increased chance of becoming smokers themselves. The Ministry of Commerce gave exhibitors from foreign countries incentives to display their exhibits in large quantities without taxes.effective manner. Health & Public Safety Diseases Prevention UAE Updated anti-tobacco law lauded in Dubai Gulf news Smoking cessation experts and anti-tobacco advocates welcomed comprehensive regulations to the federal law.
Passive smoking exposes children to greater risk due to their smaller lungs. the anti-tobacco law bans smoking in vehicles in the presence of children under 12 and has regulations to reduce smoking among youth. The updated law will have a significant impact on youth smoking rates and protect from exposure to second-hand tobacco smoke. Follow us @WestlawGulf . faster breathing rate and less developed immune system.Based on executive regulations issued by the UAE Ministry of Health. Westlaw Gulf is now on twitter. The legislation has life-saving measures to limit the effect of tobacco and prevent future smokers.
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