The government of the UAE has taken numerous initiatives in combating the issues associated with money laundering and evasion of taxes. But with the passage of time, a lot of initiatives have been taken under the supervision of the government along with other partners.
Rules and Policies relating such issues
According to a central bank’s statement, the country is making progress in dealing with crimes like money laundering. The purpose behind this significant progress is a plan made by the government and other international parties at the national level to handle the crimes.
A new smart plan has been developed by the higher and relevant authorities of the country. Deputy Prime Minister and the Minister of Presidential Affairs and Chairman of the Abu Dhabi Judicial Department, Sheikh Mansour bin Zayed Al Nahyan has released a resolution.
According to his statement, the government is going to create a special court whose strong areas are dealing with money laundering and tax evasion issues. This court will enhance the speed of resolving the cases specifically involved money laundering and tax evasion.
Purpose of making this court explained by Youssef Saeed Al Abri
A framework has been developed strategically by the jurisdictional department in order to improve the process of litigation and develop a fair and impartial court system. Under-Secretary of Abu Dhabi Judicial System, Youssef Saeed Al Abri, has explained the development of court.
He further explains that the purpose of establishing the court is to support the dynamic development of the judicial system of Abu Dhabi. This will also play a vital role in making sure that all the cases are heard on time and escalate the skills and experience of judges.
Youssef Saeed Al Abri has said more in addition to the previous one about this court and the legal procedures that are going to be applied in this system. He explained that this court will strengthen the competitiveness of the country at the national as well as at the international level.
Another purpose of making this court is that the judgments taken over here are entirely honest and just. The lawyers and judges will escalate their experience here in the cases relevant to money laundering and tax issues. The judges will present the best quality of legal judgments.
Establishment of court
With the establishment of this new court specifically for the cases associated with money laundering and tax crimes, the UAE’s efforts are having full support in dealing and fighting against the crimes and hunt culprits.
This could be done by following proper methodologies and steps along with the synchronization with associated authorities. A modified version of lawmaking infrastructure is also required for the development of this court.
The establishment of this court will high lighten the curiousness and keenness of the Abu Dhabi Judicial System in order to support the specialty of the legal work. This will raise the performance of lawyers as well as the judges working in this court.
Role of this court in the future
According to the plan made by the government, this court is going to solve the cases involving the issues associated with money laundering and tax evasion. In this court, judges and lawyers who are doing their specialization or experienced in money laundering and tax evasion will work. All the legal proceedings done in this court will provide excellence and leadership to the people involved in the case fighting and passing the judgments. In addition to this, the department will arrange courses for training for the judges and the advocates to gain experience. It is to ensure that everyone living in Dubai, Sharjah, Ajman or any other emirate of UAE is treated fairly. The judicial authorities issue the final notice or make a decision based on evidences and proofs which makes their judgments valid to proceed with.