White Collar Crimes and Money Laundering: A Convergence of Suits and Secrets Home White Collar Crimes and Money Laundering: A Convergence of Suits and Secrets A seemingly ordinary office worker, a trusted accountant, or a powerful executive may cloak their illicit intentions under the garb of respectability, exploiting loopholes and manipulating systems. These financial crimes ..read more

eBook on AML Compliance for Online Jewellery Marketplace Home eBook on AML Compliance for Online Jewellery Marketplace The Precious Metals and Stones sector in UAE is at the pinnacle of redefining adornment with the Online Jewellery Marketplace. However, this latest disruption in the Precious Metals and Stones sector is also catching the eye of illicit ..read more

eBook on the PEP Puzzle Solving the AML Conundrum Home eBook on the PEP Puzzle Solving the AML Conundrum Establishing a business relationship with Politically Exposed Persons (PEPs) can be a tricky trajectory. Designated Non-Financial Businesses and Professions (DNFBPs) and Virtual Asset Service Providers (VASPs) are constantly balancing profit requirements with the need for protection ..read more

Senegal Removed; Lebanon, Algeria, Angola, and Côte d’Ivoire Added: FATF Grey List October 2024 Update Home Senegal Removed; Lebanon, Algeria, Angola, and Côte d’Ivoire Added: FATF Grey List October 2024 Update The Financial Action Task Force (FATF) is a global watchdog on Money Laundering, Terrorism Financing, and Proliferation Financing. It releases a list of Jurisdictions ..read more

Offshore Banking and the Increasing Risks of Money Laundering Home Table of Contents Offshore banking is a financial strategy that involves holding accounts or investments in banks outside one’s home country. It has evolved significantly since its inception. Offshore banking offers a range of benefits by providing global banking services with less stringent procedures and ..read more

FATF Tightens Focus on High-Risk Jurisdictions, Eases Burden on Low-Capacity Nations Home FATF Tightens Focus on High-Risk Jurisdictions, Eases Burden on Low-Capacity Nations The Financial Action Task Force (FATF) is a global Anti Money Laundering/Counter Financing of Terrorism and Counter-Proliferation Financing (AML/CFT and CPF) trendsetter. Its primary objectives are to promote the spreading of the ..read more

eBook on AML Strategies to Address ML/TF Risks from Non-Face-to-Face Customers Home eBook on AML Strategies to Address ML/TF Risks from Non-Face-to-Face Customers With advancement in technology, the methods of engaging with customers have undergone many changes. Customers now demand 24/7 services, at any place, on any time, and even remotely. Providing services digitally, including ..read more

Crafting Tailor-Made AML/CFT Program for a Corporate Service Provider Home Crafting Tailor-Made AML/CFT Program for a Corporate Service Provider AML UAE helped a corporate service provider operating in the UAE craft tailor-made Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) program. AML/CFT program consists of policies, procedures, and control measures that outline an ..read more

Building AML Framework for a Legal Firm Home Building AML Framework for a Legal Firm AML UAE assessed the regulatory requirements and built an effective Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) framework for a legal firm based in UAE. Our client is a leading legal firm providing legal services across various areas.   The ..read more

UAE Proliferation Financing NRA Home UAE Proliferation Financing NRA The UAE Proliferation Financing National Risk Assessment (PF NRA), September 2024, applies to public and private sector entities operating in the UAE. The PFNRA  intends to empower the Proliferation Financing (PF) risk-mitigating capabilities of these entities against PF and sanctions evasion risks. The public and private ..read more