Jitendra Chartered Accountants Blog

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…

Financial crimes continue to evolve with increasingly sophisticated methods. One such method widely used by criminals is smurfing, a money-laundering (ML)technique designed to evade financial monitoring systems. For businesses and…

A robust AML/CFT/PF Learning and Development (L&D) strategy is essential for DNFBPs to ensure employees understand their compliance obligations, identify financial crime risks, and implement effective controls. “DNFBPs include real estate…

With the introduction of Federal Decree-Law No. 10 of 2025 on Anti-Money Laundering, Combating the Financing of Terrorism and Proliferation Financing and its Executive Regulations under Cabinet Resolution No. 134…

Applying a risk-based approach (RBA) to AML compliance is both a best practice and a regulatory obligation for financial institutions, DNFBPs (Designated Non-Financial Businesses and Professions), and Virtual Asset Service…

Applying a risk-based approach (RBA) to AML compliance is both a best practice and a regulatory obligation for financial institutions, DNFBPs (Designated Non-Financial Businesses and Professions), and Virtual Asset Service…

Money laundering undermines economies, facilitates organised crime, and erodes trust in financial systems. At the core of effective Anti-Money Laundering (AML) frameworks is the concept of predicate offences, the criminal…