AML Compliance Services UAE

Yes. UAE regulatory authorities permit DNFBPs to outsource operational AML compliance tasks—such as KYC collection, sanctions screening, transaction monitoring, and risk scoring—provided final accountability remains with company leadership.

goAML is an electronic reporting platform developed by the UN Office on Drugs and Crime (UNODC) and deployed by the UAE FIU. Registration is legally mandatory for all financial institutions and DNFBPs to report suspicious transactions.

Under Cabinet Decision No. 109 of 2023, a UBO is any natural person who ultimately owns or controls 25% or more of the company’s share capital or voting rights, or exercises ultimate effective managerial control.

Failure to report a suspicious transaction when reasonable grounds exist constitutes a severe criminal offense under UAE Federal Law, carrying severe corporate fines, commercial license revocation, and personal criminal liability for officers.

We utilize automated compliance software that performs daily batch and real-time screening against the UAE Local Terrorist List, UN Consolidated List, OFAC, EU sanctions, and international enforcement databases.

High-risk jurisdictions are countries identified by the Financial Action Task Force (FATF) as having strategic AML/CFT deficiencies (FATF Black and Grey Lists). Transactions involving these jurisdictions mandate Enhanced Due Diligence (EDD).

Yes. Regardless of whether a business operates in a Free Zone (such as DMCC, JAFZA, or DAFZA) or on the UAE mainland, if its license activities fall under DNFBP categories, goAML registration is mandatory.

We can perform the initial gap analysis, configure goAML accounts, and roll out customer onboarding KYC workflows within 5 to 7 business days.