AML Compliance
The UAE Ministry of Economy (MoE) launched awareness and monitoring campaign to encourage the Designated Non-Financial Businesses and Professions
(DNFBPs) registered in the UAE, including the entities operating in commercial free zones, to register in the system of Financial Intelligence Unit (FIU) (goAML). These DNFBPs are also required to register in the system of Committee for Commodities Subject to Import and Export Control (Automatic Reporting System for Sanctions Lists), and to adopt measures related to both, specified by the Federal Law No. 20 of 2018 on combating money laundering crimes and financing of terrorism and illegal organizations, and the regulations and relevant decisions regarding their implementation.
Businesses in the UAE need assistance of AML consultants in Dubai who can guide them in establishing the AML related compliance procedure activities in their organization in line with the applicable rules and regulations. We as Anti Money Laundering (AML) consultants in UAE, can help in designing and maintaining the compliance system expected from the entity to fulfil the DNFBPs related obligations:
- Help in developing the Governance structure for AML compliance consisting of policies, procedures, and systems
- Help you register in the go AML system.
- Implement AML/ KYC/ CFT Plan and framework
- Provide the outsourced compliance function and/or assist in the nominated compliance officer (Anti Money Laundering Reporting Officer – AMLRO) for maintaining the compliance as per AML/ CFT laws
- Develop and review the system for Customer Due Diligence (CDD)
- Develop the system for identifying and reporting suspicious transactions
- Advise on the documentation and record-keeping requirements for Anti Money Laundering (AML) Compliance
We Give our Client Professional Services
We work collaboratively with clients to provide specialized services with great potential and expertise. We work as a team to share knowledge as efficiently as possible in order to deliver a great smooth and unmatchable client experience. We are well qualified for our respective jobs and most have attained designated professional credentials, such as the Chartered Accountants, Associated Chartered Certified Accountants, Certified Public Accountants and Certified Internal Auditors. We are committed to provide our clients with the highest standards of professional service and are always easy to reach.
