AML Rulebook for ADGM entities

Financial Services Regulatory Authority (FSRA) is the Supervisory Authority for the Abu Dhabi Global Market (ADGM) entities. FSRA has issued AML and Sanctions related rules and guidance to ensure the effective implementation of AML/CFT measures by the companies operating in the ADGM.  

The AML Rules and Guidance issued by the FSRA lay downs the detailed guidance around the risk-based approach, customer due diligence process, duties of money laundering officer, AML record keeping requirements, AML Annual Return filing, etc., to ensure that the ADGM entities are efficiently managing the financial crime risks.

The companies conducting business in or from ADGM must adhere to these AML rules and guidance, along with AML Federal Decree-Law.