Q: Our company is registered in the UAE for the past three years, and now we want to expand our business by taking a loan or investment from a foreign company. What are the rules and regulations that keep both parties safe? Please provide us with accurate information to be safe from any future problems.

Q: Looking for help and suggestions. My fiancé inherited 5 million. The trustee/bank has received the Ok from the court to disburse the funds. When we tried we learned we had to pay $2500 for the COT Fees. With the bank's help, we tried to transfer the funds. We learned we needed and we have gotten an anti-money laundering certificate for $3500. Then with the help of the bank and attempting to transfer we found out we needed tax forms for my fiancé. We applied and paid $8300 for those forms. Then we attempted again with the bank and the Central Bank held it up and now we need 18k for anti-terrorism certificate. We are out of funds for this last certificate and are in need of help and advice. Are there any companies out there willing to assist? The bank should have known upfront of all this in my opinion and not be like 'Oh yeah, you have to do this also'. I have spent almost 15k and now the Central Bank wants 18K. PLEASE HELP!

Q: What is the best way to recover money from a cryptocurrency exchange scam? The platform I'm using to trade cryptocurrency is based in Singapore but operated by Chinese people. I have invested 150k AED into it, coming all from my credit cards. When I wanted to withdraw money, the customer service said that I need to pay taxes on the profit amount. After paying taxes to them, they are now saying the financial intelligence department found that my account is abnormal and suspected of money laundering due to recent frequent trades and excessive txn volume. They want me to deposit 20% of my account amt (10k USD) within a week to prove that I didn't launder money, or it will be frozen and will report me to the FI dept. Can you please advise if this is legal according to the laws and regulations of Singapore? I don't have money anymore to pay them and I think it's just a scam. The platform recently had the system upgraded and changed; no license, no t&cs, no physical address, no phone number. Shall I report to the police now?

Q: I have registered a company in SHAMS. I am the sole owner. I have no UAE clients. I only work for a USA company as a supplier. It's all online work. Can the USA company transfer payment to my personal account in Dubai? The bank has agreed to it. It's a big amount, so I want to make sure I am not breaking any law.

Q: I am a Canadian living in Toronto and require advice concerning an account that I have in Dubai.

Due to the large number of individual and commercial banking transactions and transfers they carry out from one country to another or within the same country, we present here a quick glance at the importance of bank account numbers and not the names of beneficiaries when making bank transfers in accordance with the law and Central Bank regulations.

The law defines the crimes related to money laundering, commitments and the jurisdictions of the governmental authorities, and the sanctions against perpetrators of money laundering.