The UAE Central Bank also has no legal authority to apply sanctions to Hawaladars who fail to comply with the imposed conditions, beyond withdrawing and canceling their registration, which may not have any effect since most of the are actually in the Hawala business without the registration certificates. In essence, then, the central bank can only rely on moral suasion to enforce its instructions. Furthermore, there is no requirement for the financial institution to separately identify the proceeds of the Hawala business or to have any knowledge of the nature of the underlying transactions handled by the Hawaladars. Hawaladar can help abet, facilitate and advise the commission of money laundering and terrorist financing. Hawaladar's ability to provide money transfer services in areas not served by conventional banks also increases its use as an alternative to money transfer. Although Hawala as a form of money transfer platform offers a number of incentives, its disadvantage, as an evil funding platform for terrorists and money launderers, raises many concerns about its acceptability as an alternative money transfer method in the current year 2014 And