Money laundering in Dubai: strategies and future directions

Abstract

Purpose

This paper aims to highlight present strategies to prevent money laundering in Dubai.

Design/methodology/approach

Thirty semi-structured interviews were conducted with Anti Money Laundering Suspicion Cases Unit (AMLSCU), Anti Organized Crime Department (AOCD) and Central Bank employees.

Findings

This paper shows that AMLSCU, AOCD and Central Bank employees are aware that future strategies to prevent money laundering are needed.

Research limitations/implications

Limited available secondary data and cases of money laundering.

Originality/value

Interviews with key personnel in main organisations tasked with preventing money laundering in Dubai.

Citation

Bin Belaisha, B. and Brooks, G. (2014), "Money laundering in Dubai: strategies and future directions", Journal of Money Laundering Control, Vol. 17 No. 3, pp. 343-354. https://doi.org/10.1108/JMLC-10-2013-0038