Explore Al Ansari Exchange's comprehensive Anti-Money Laundering (AML) policy. We are committed to ensuring financial security and compliance. Learn more.
Explore Enterslice's expertise in Anti-Money laundering policy development and procedure. Our tailored solutions to prevent financial crime
Akash Deep Haiden Group - UAE “Enterslice use technology better than others. That saves time and money; Team enterslice is more efficient than traditional competitors, and that helps to pass on the cost advantage to its clients. The company is building a high-level transparency in legal servi...
UAE government, with the amendment of previous anti-money laundering (AML) regulations through Federal Decree (No 20) of 2018 on Anti-Money Laundering, has taken effective steps in combatting financial crime occurring in the country. At Farahat & Co, the leading anti-money laundering specialist ...
Related:UAE infrastructure for crypto is more ‘business-friendly’ than the US, says exec According to the guidance, LFIs should submit a request to the central bank for non-objection to open accounts for each VASP on a case-by-case basis. Any collaboration with VASPs without a national li...
Before defining anti-money laundering (AML), it’s important to explain what money laundering is. Money laundering is the illicit practice of transferring funds of unlawful origin.
In the Middle East & Africa, jurisdictions like the United Arab Emirates (UAE) and South Africa have stringent AML regulations in place. These regulations mandate KYC procedures, transaction monitoring, and reporting of suspicious activities. Compliance with these rules is essential for maintaining fina...
Notably, Zimbabwe has been removed from previous high-risk lists after making significant progress in its AML compliance, while the United Arab Emirates (UAE) was recently added due to issues with due diligence in its financial sector. These updates are critical for financial institutions and ...
KYCP – Know Your Customer Portal – is the first Client Lifecycle Management platform on the market that allows organisations of any size or type to rapidly collate all information relating to entities and applicants being assessed. All in a single, cen
Crypto hotspots like the United Arab Emirates (UAE) and the Philippines are on the grey list as well, but according to FATF, both countries have made a “high-level political commitment” to work with the global financial watchdog to strengthen their AML and CFT regime. Pakistan was...