AML Audit in the UAE
We guide you through every step of the AML audit process, from preparation to execution, ensuring full regulatory compliance. Our AML audit services in Dubai help your business meet the strict standards set by UAE authorities.
Guidance from planning to completion.
Ensure adherence to UAE AML laws.
Identify and assess potential AML risks.
Get clear steps to enhance compliance.
Policy and Procedure Development
Tailoring AML frameworks and policies to align with UAE regulations and international best practices.
Risk Assessment and Profiling
Comprehensive assessments to identify and mitigate potential risks in your business operations.
Automated Screening Solutions
Providing tools for accurate screening against PEP lists, sanctions, and adverse media checks.
Employee Training Programs
Offering customized AML training for employees and management to ensure they are well-versed in compliance obligations.
Our Web Application Development
An AML audit in the UAE reviews key areas of an organization’s AML program, focusing on
Customer Due Diligence (CDD)
Ensuring accurate customer identity verification through trusted documents. Screening and identifying ultimate beneficial owners to prevent money laundering.
Screening and Monitoring
Powerful enterprise portals, dashboards, and workflow tools that improve collaboration, optimize operations, and boost productivity.
Risk Assessment
Assessing the organization’s exposure to money laundering and terrorism financing risks. Ensuring clients are properly categorized (low, medium, or high risk) according to their profiles.
AML Policies and Procedures
Verifying AML policies comply with current UAE laws and regulations. Ensuring enhanced scrutiny and verification for high-risk clients to mitigate potential risks.
Suspicious Transaction Reporting
Ensuring timely reporting of suspicious activities via the goAML system. Evaluating escalation and documentation processes for full transparency and compliance.
Training and Awareness
Ensuring regular employee training on AML duties, red flags, and threat detection. Confirming that all training records are properly maintained for compliance.