Why an MLRO Is Critical to Your AML Compliance Framework?
A Money Laundering Reporting Officer (MLRO), generally known as the AML compliance officer, is a vital element in a company’s framework for Anti-Money Laundering... Read more.
AML in UAE: How to File a Dealers in Precious Metals and Stones Report?
The Dealers of Precious Metals and Stones (DPMS) are required to ensure AML compliance in the UAE by submitting the Dealers in Precious Metals and Stones Report... Read more.
AML in the UAE: The Role of Financial Intelligence Units
The UAE established the Financial Intelligence Unit (FIU) as an independent authority for investigating financial crimes, frauds and suspicious transactions. Even... Read more.
Critical Accounting Challenges Faced by E-Commerce Firms in 2022
When it comes to financial management and accounting, every industry has its pros and cons. However, the e-commerce industry faces some unique challenges and most... Read more.
AML Compliance in UAE: An Overview of Risks Posed by PEPs
Carrying out screening for Politically Exposed Persons (PEPs) is mandatory for you to ensure compliance with Anti-Money Laundering and Combatting Financing of Terrorism... Read more.
A Guide to AML Regulations for Virtual Assets Service Providers in UAE
Virtual Assets Service Providers are required to comply with the regulations of the Anti-Money Laundering and Combatting Financing of Terrorism (AML-CFT) in the... Read more.
AML in the UAE: Latest Reporting Requirements for Real Estate Brokers & Agents
Real estate agents and brokers licensed in the UAE are required to meet new reporting requirements as per Circular Number 05/2022 issued by the Ministry of Economy... Read more.
A Guide to New AML-CFT Requirements for UAE’s Licensed Financial Institutions
Suppose you are a Licensed Financial Institution (LFI) operating in the UAE. In that case, you must take urgent actions to comply with the new guideline issued by... Read more.
Why Obtaining Trade Financing Is Critical For SMEs In Dubai, UAE?
Getting a major merchandise order is critical for the growth of small businesses in Dubai. However, it will turn into a nightmare when the business owners fall short... Read more.
Why PEP & Sanction Screening Are Critical to Ensure AML-CFT Compliance in UAE?
Ensuring compliance with Anti-Money Laundering and Combatting Financing of Terrorism (AML-CFT) laws is mandatory for UAE businesses, especially Financial Institutions... Read more.
