Jitendra Chartered Accountants Blog

AML compliance in the UAE has never carried higher stakes. The Ministry of Economy has intensified its inspection programme across all designated non-financial businesses and professions. For businesses operating in…

Every UAE business with AML obligations, whether a bank, exchange house, DNFBP, or corporate service provider, must know how to spot red flags in transaction monitoring. The UAE Central Bank…

The UAE has nine AML/CFT supervisory authorities operating across mainland, commercial free zone, and financial free zone jurisdictions. Each supervises a defined sector and geographic zone under Federal Decree-Law No.…

The UAE has emerged as one of the world’s most dynamic business hubs, attracting traders, investors, financial firms, and service providers from across the globe. But with that growth comes…

The United Arab Emirates continues to strengthen its position as a global leader in financial integrity and international security compliance. A significant recent development is Cabinet Resolution No. (156) of…

Financial institutions (FIs) designated non-financial businesses and professions (DNFBPs), and virtual asset service providers (VASPs) operating in the UAE face increasing scrutiny to combat not only money laundering and terrorist…

Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) compliance remains a top priority for financial institutions, Designated Non-Financial Businesses and Professions (DNFBPs), and Virtual Asset Service Providers (VASPs) in…

For Dealers in Precious Metals and Stones (DPMS) in UAE, effective Anti-Money laundering (AML) and counter-terrorist financing (CFT) oversight demands a tailored, risk-based approach that goes far beyond simple monetary…

For Dealers in Precious Metals and Stones (DPMS) in UAE, effective Anti-Money laundering (AML) and counter-terrorist financing (CFT) oversight demands a tailored, risk-based approach that goes far beyond simple monetary…