Money laundering is a serious financial crime that enables criminals to disguise the illegal origin of funds and integrate them into the legitimate economy. It undermines financial systems, fuels organized crime, and poses significant risks to businesses and economies worldwide. In response, countries like the UAE have implemented robust Anti Money Laundering compliance in UAE…
Read article
In the UAE’s evolving regulatory landscape, businesses face increasing expectations to implement strong AML Compliance in UAE practices, particularly through the appointment of a Money Laundering Reporting Officer (MLRO). An MLRO plays a pivotal role in ensuring an organisation’s adherence to anti-money laundering (AML) and counter-terrorist financing (CFT) obligations. However, many companies–especially SMEs and DNFBPs…
Read article
Federal Decree-Law No. (10) of 2025 represents a significant enhancement of the UAE’s existing Anti-Money Laundering and Counter-Terrorist Financing legal framework, reinforcing the country’s commitment to combating money laundering, terrorist financing, and proliferation financing. Rather than replacing earlier legislation, this Decree-Law builds upon and strengthens the foundations laid under Federal Decree-Law No. (20) of 2018,…
Read article
People with good taste have always been drawn to high-value items like rare vintage collectibles, luxury cars, expensive jewellery, and multi-million-dirham yachts. But they also draw in criminals who want to hide or move their ill-gotton money. This is why AML Compliance for High-Value Sales is now a must-have in the UAE’s growing luxury market.…
Read article
The UAE has rapidly strengthened its AML Compliance Framework to meet global standards and protect its financial ecosystem from money laundering and terrorist financing risks. At the center of this transformation are the Financial Action Task Force (FATF) Recommendations — a globally accepted benchmark for Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) controls. These guidelines…
Read article
Businesses in the UAE must now have a strong AML Compliance Framework. If they don’t, they could face severe penalties. Companies need to make sure that their AML policies and procedures keep up with new threats as financial crimes get more complicated. One of the best ways to do this is to have a structured…
Read article
In today’s evolving regulatory environment, businesses in the UAE are expected to maintain the highest standards of integrity and transparency. With global efforts intensifying against money laundering and terrorist financing, regulatory authorities have placed increasing emphasis on the need for independent reviews of compliance programs. This is where an AML/CFT compliance audit by an independent…
Read article
In recent years, the UAE has become one of the most prominent global business hubs, attracting investors, entrepreneurs, and multinational corporations from around the world. However, this rapid financial growth has also brought increased risks of financial crimes such as money laundering, terrorist financing and proliferation financing. To counter these threats and maintain its reputation…
Read article
In the UAE’s rapidly evolving financial landscape, AML Customer Risk Assessment has become a critical pillar of compliance for Designated Non-Financial Businesses and Professions (DNFBPs). As the nation continues to align its financial systems with global Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) standards, DNFBPs — such as real estate agents, precious metal dealers, accountants,…
Read article
In 2025, startups in the UAE and worldwide face increasing pressure to comply with AML and CTF regulations. As enforcement tightens and penalties rise, appointing a Money Laundering Reporting Officer (MLRO) has become essential. However, for many startups, hiring a full-time in-house MLRO is costly and operationally challenging. This is why more and more businesses…
Read article