Financial Crime World

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Laws and Regulations Against Bribery, Corruption, and Ethics in the United Arab Emirates (UAE)

The United Arab Emirates (UAE) has a comprehensive set of laws and regulations to prevent bribery, corruption, and ensure ethics within its government sector. Here is an overview of some key laws and regulations:

Public Servant Bribery Law

Prohibiting Acceptance of Bribes or Gifts

  • The law prohibits public servants from accepting bribes or gifts without consideration from individuals involved in proceedings or business transactions.
  • This law ensures that public servants remain impartial and unbiased in their decision-making processes.

Financial Fraud Law

Stricter Penalties for Financial Crimes

  • Enacted on December 31, 2009, this law aims to impose stricter penalties for financial crimes while allowing convicts to be released if they return the illegally obtained funds or reach a settlement with creditors.
  • This law demonstrates the UAE’s commitment to combating financial corruption and protecting its citizens’ interests.

Federal Human Resources Law

Governance of Public Service Employment

  • This law governs public service employment in the UAE federal government, including provisions related to personal conduct, gifts, bribes, and conflicts of interest.
  • The law ensures that public servants maintain a high level of integrity and professionalism in their work.

Code of Professional Conduct and Ethics

Enhancing Professional Values and Ethics

  • Promulgated in 2010, this code aims to enhance professional values and ethics among public servants, ensuring they adhere to basic values, commitments, and guidelines.
  • The code emphasizes the importance of avoiding conflicts of interest and refraining from accepting gifts that could influence their objectivity or decisions.

These laws and regulations are essential in maintaining the integrity and trustworthiness of the UAE’s government sector.