Regulatory Compliance
Anti-Money Laundering Frameworks in the UAE
Under UAE Federal Decree-Law No. 20 of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT), Designated Non-Financial Businesses and Professions (DNFBPs) are legally mandated to register on the UAE Financial Intelligence Unit (FIU) GoAML portal and maintain active internal controls.
DNFBPs include real estate brokers and developers, dealers in precious metals and stones, corporate service providers, trusts, auditors, and legal consultants. Non-compliance carries substantial statutory fines ranging up to millions of dirhams and license cancellation.
100%
FIU GoAML Alignment
GoAML Deliverables & Core Services
- GoAML System Registration & FIU Sub-Account Verification
- Institutional AML/CFT Policy & Internal Procedures Manual Drafting
- Enterprise-Wide Business Risk Assessment (EWRA) Formulation
- Suspicious Transaction Report (STR) & SAR Filing Governance
- Sanctions Screening System Integration & UNSC List Monitoring
Outsourced MLRO & Training
- Appointment & Outsourced Money Laundering Reporting Officer (MLRO)
- Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) Files
- Ultimate Beneficial Owner (UBO) Registry Documentation & Filings
- Annual Staff AML Training & Regulatory Audit Readiness Dossiers