Anti-money laundering compliance is not a document filed in a drawer, it is a working system: a written policy, a risk assessment, customer due diligence procedures that are actually applied, and a responsible officer who knows when and to whom to report. We build that system for your business and make it something you can apply and evidence.
Financial crime & compliance
Anti-money laundering
AML policy, risk assessment, and staff training on reporting obligations.
Who this service is for
For businesses classified among the designated non-financial businesses and professions that the law requires to have anti-money laundering procedures, for companies that have received an observation or a query from a regulator, and for anyone wanting to test whether their current procedures are adequate before they are examined from outside.
What the service covers
- A risk assessment for the business based on its activity, its customers and its channels.
- A written anti-money laundering and counter-terrorist-financing policy and procedures.
- Designing customer due diligence procedures and the records they generate.
- Naming the compliance officer and setting out the route for reporting suspicious transactions.
- Training staff and documenting the training in a form that evidences compliance.
How we work
- An initial review of the current position against what the law requires of your business.
- The risk assessment, classifying customers and transactions by degree of risk.
- Preparing the policy, the procedures and the due diligence forms.
- Training the team on practical application and on suspicion indicators.
- A periodic review to confirm the procedure is being applied, not merely written.
Regulatory framework
UAE legislation on combating money laundering and the financing of terrorism requires defined categories of business to carry out customer due diligence, keep records, appoint a compliance officer, and report suspicious transactions through the approved channels. Establishing whether your business falls within scope is the first thing examined, and failure to comply exposes it to penalties determined by the competent authority.
A policy the receptionist has never read is not a policy, it is a file.
Frequently asked questions
How do I know my business is within these obligations?
It is determined by the licensed activity rather than by the size of the company. We review your licence and your actual activity and give you a clear written answer.
Is buying an off-the-shelf policy enough?
No. The policy has to reflect your actual risks, and a regulatory examination asks about application and records, not about the existence of a document.
Who reports a suspicious transaction?
Your compliance officer, through the approved channels. We train them on the suspicion criteria and on documentation, and the decision and the report remain with the business.
Free consultation
Book a free consultation
Thirty minutes with an FTA-registered tax agent: we review where you stand and tell you what to fix first, with no obligation.
+971 4 000 0000