AML/CFT Compliance Requirements in UAE

The Federal Decree-Law No. (20) of 2018 On Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations (the “AML-CFT Law” or “the Law”) and implementing regulation, Cabinet Decision No. (10) of 2019 Concerning the Implementing Regulation of Decree Law No. (20) of 2018 On Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations requires DNFBPs to comply with several requirements.

AML Regulatory Requirements in UAE

This infographic highlights the AML/CFT Compliance Requirements applicable to Designated Non-Financial Businesses and Professions (DNFBPs) and Dealers in Precious Metals and Stones (DPMS).