Shining Bright: AML Regulations for UAE’s Gold and Jewelry Market Explained

The gold, silver, and precious metal trading industry in UAE faces unique challenges, including the significant risk of money laundering. High-value commodities like gold and diamonds are often exploited by criminals to disguise illicit funds through resale. To combat this, the UAE has implemented strict Anti-Money Laundering (AML) and Combatting the Financing of Terrorism (CFT) […]

Why AML Compliance is Crucial for UAE Real Estate Industry

The United Arab Emirates’ real estate sector has become a focal point for global investors, but with this growth comes increased scrutiny. AML compliance UAE has emerged as a critical concern for the industry, as authorities tighten their grip on financial crimes. The real estate market’s vulnerability to money laundering has prompted a renewed focus […]

A Guide to goAML Registration and AML/CFT Compliance in the UAE for DNFBPs

Attention DNFBP Businesses! The Ministry of Economy (MoE) is cracking down on non-compliance with Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) regulations. This blog post serves as a vital resource for Designated Non-Financial Businesses and Professions (DNFBPs) operating in the UAE. We’ll delve into the importance of goAML registration, recent enforcement actions by […]