We, Zayed Bin Sultan Al Nahyan, President of the United Arab Emirates, after taking cognizance of the Constitution, and

The Federal Law No. 1/1972 regarding the jurisdiction of the Ministries and the powers of Ministers, and the laws amending it; and

The Federal Law No. 10/1980 Regarding The Central Bank and Monetary System and the Organization of Banking, and laws amending it; and

The Federal Law No. 8/1984 regarding Commercial Companies, and laws amending it; and

The Federal Law No. 9/1984 Regarding Insurance Companies and Agents, and laws amending it; and

The Penal Code promulgated by Federal Law No. 3/1987; and

The Criminal Procedure Code, promulgated by Federal Law No. 35/1992; and

The Federal Law No. 4/2000 Regarding the Emirates Securities and Commodities Authority and Market; and

The Federal Law No. 4/2002 Regarding Criminalisation of Money Laundering; and

Pursuant to the proposal of the Minister of Economy and Commerce and the Minister of Finance and Industry; and

The approval of the Cabinet, the Federal National Council and the ratification of the Supreme Council of the Federation,