Blogs

Attention Real Estate Brokers, Agents & Law firms- have you filed a Real Estate Activity Report for the specific nature of transactions? You being a Designated Nonfinancial Businesses and Professions (DNFBP) as defined under the Fe...

How will you ensure that the organization is AML/CFT Compliant? The AML/CFT measures have been intensified in the UAE since the inclusion of Designated Non-Financial Businesses and Professions (DNFBPs) in the purview of AML/CFT Complia...

Penalties for Non-Compliance of AML Regulations Administrative penalties for violation have been listed in Decree-law No. 10 of 2018. However, through Cabinet Decision No. (16) of 2021, the UAE Ministry of Economy and Justice has issue...

AML Compliance Obligation of  Real Estate Sector After Registering with the goAML System Do you think once you complete the go AML...

The Deadline is Nearer for Submitting MLRO’s Report for Insurance Companies, Agents & Brokers All insurance companies, insurance brokers, and Insurance agents must submit the annual MLRO/ Compliance Officer’s Report to...

Anti-Money Laundering Registration Deadline is on 30 April 2021 The UAE Ministry of Economy has extended the grace period for the businesses to be in compliance with the Anti-Money Laundering (AML) and...