Aml in the UAE: A Guide to Screening of Politically Exposed Persons During Onboarding
Financial Institutions (FIs) and Designated Non-financial businesses & Professions (DNFBPs) are required to exercise Enhanced Due Diligence (EDD) measures while... Read more.
A Look at the Key Role & Responsibilities of Internal Auditors
Building a strong internal audit team or outsourcing to the best internal audit firms in Dubai is essential for companies to ensure their internal processes and... Read more.
How to Establish an Effective AML-CFT Framework in your UAE Organisation?
Building an effective Anti-Money Laundering and Combatting Financing of Terrorism (AML-CFT) framework is imperative for identifying and preventing the risks such... Read more.
AML in the UAE: What Should be the Contents of MLRO Report?
The Money Laundering Officer’s Report (MLRO) is a key compliance requirement that enables the UAE regulators to ensure the companies under obligation are complying... Read more.
AML in the UAE: Know about Enhanced & Simplified Customer Due Diligence
Conducting Customer Due Diligence ( CDD) is a mandatory requirement for every financial service provider company to comply with Anti-Money Laundering and Counter... Read more.
Key AML-CFT Terms Every Business Must Know
Banking has changed ever since UAE was put on the grey list in Oct 2012 by the EU/OECD. It affected everyone, from blue colour workers to HNIs and big corporates.... Read more.
Top 5 Mistakes to Avoid while Building AML Compliance Framework
As the UAE has started bolstering its efforts for a more transparent economy, the businesses are required to enhance their compliance programmes. The government... Read more.
Making Budget for Startups: Top Insights From UAE Accountants
Preparing a solid budget is essential for the success of every business including startups. A budget, in essence, forms a foundational framework for your company... Read more.
AML-CFT: An Indicative List of Red Flags for Trust & Corporate Service Providers
Trust and corporate service providers (TCSP) are categorised as designated non-financial businesses and professions (DNFBPS) as per the UAE’s Cabinet Decision... Read more.
Why is it Important to Rely on Auditor’s Due Diligence Report Before Buying a Business?
Entrepreneurship is not only about starting a new business but you can be an entrepreneur by buying a business that is already up and running. Buying a business... Read more.
