Anti Money Laundering (AML) Compliance Services UAE

1. ANTI MONEY ANTI MONEY LAUNDERING LAUNDERING Compliance Services UAE Compliance Services UAE

2. In today’s highly regulated financial landscape, safeguarding your business against illicit financial activities is more critical than ever. Shuraa Tax offers specialised anti money laundering compliance services UAE to help companies meet both local and international regulatory standards with confidence. Whether you're a financial institution, real estate firm, or corporate service provider, our customised anti money laundering compliance services ensure full compliance with the UAE’s legal framework. With our expert Anti Money Laundering Consultancy Services, you gain proactive risk management, compliance assessments, and ongoing support to protect your business and reputation. detailed

3. WHAT ARE AML WHAT ARE AML Compliance services in the UAE Compliance services in the UAE AML (Anti-Money Laundering) Compliance Services in the UAE are specialised services designed to help businesses detect, prevent, and report suspicious financial activities that may be linked to money laundering, terrorism financing, or other illicit financial crimes. 1. AML Compliance Services Does the UAE Offer 1. AML Compliance Services Does the UAE Offer 2. 2. Regulatory Bodies Overseeing AML in the UAE: Regulatory Bodies Overseeing AML in the UAE: 3. Who Needs AML Compliance Services? 3. Who Needs AML Compliance Services?

4. REGULATORY FRAMEWORK FOR REGULATORY FRAMEWORK FOR AML IN THE UAE AML IN THE UAE The United Arab Emirates enforces stringent Anti-Money Laundering regulations under Federal Decree-Law No. (20) of 2018, which aims to combat money laundering and the financing of terrorism. These regulations are aligned with international standards set by the Financial Action Task Force (FATF) and apply across various sectors, ensuring financial transparency and integrity. ROLE OF ANTI MONEY LAUNDERING COMPLIANCE SERVICES KEY AML COMPLIANCE REQUIREMENTS WHO NEEDS TO COMPLY Businesses operating in sectors such as financial services, real estate, precious metals, legal consultancy, auditing, and company formation services are required to comply with anti-money laundering (AML) laws. The UAE also mandates compliance from Designated Non- Financial Businesses and Professions (DNFBPs), which include brokers, dealers, and corporate service providers. Entities must implement strong Customer Due Diligence (CDD) and Know Your Customer (KYC) procedures to verify client identities. They are also required to maintain detailed records of transactions and report any suspicious activity to the Financial Intelligence Unit (FIU) via the goAML platform. To meet these regulatory obligations, many organisations turn to professional anti money laundering compliance services. These services assist in designing and implementing AML policies, training employees, conducting internal audits, and ensuring timely reporting of suspicious transactions.

5. BENEFITS OF ANTI MONEY BENEFITS OF ANTI MONEY Laundering Compliance Services UAE Laundering Compliance Services UAE Here are the key benefits of Anti-Money Laundering (AML) Compliance Services in the UAE: 1. ENSURES REGULATORY COMPLIANCE 1. ENSURES REGULATORY COMPLIANCE 2. PROTECTS BUSINESS REPUTATION 2. PROTECTS BUSINESS REPUTATION 3. PREVENTS FINANCIAL CRIMES 3. PREVENTS FINANCIAL CRIMES 4. ENHANCES OPERATIONAL EFFICIENCY 4. ENHANCES OPERATIONAL EFFICIENCY 5. BUILDS INVESTOR CONFIDENCE 5. BUILDS INVESTOR CONFIDENCE 6. SUPPORTS LONG-TERM GROWTH 6. SUPPORTS LONG-TERM GROWTH 7. CUSTOMISED RISK ASSESSMENT 7. CUSTOMISED RISK ASSESSMENT 8. EMPLOYEE TRAINING & AWARENESS 8. EMPLOYEE TRAINING & AWARENESS

6. HOW CAN AML RISK HOW CAN AML RISK Assessment Be Helpful for Your Business? Assessment Be Helpful for Your Business? Conducting Assessment is a critical step in protecting your business from financial crimes, ensuring regulatory compliance, and maintaining a trustworthy reputation in the market. Here's how it can benefit your company: an AML (Anti-Money Laundering) Risk 1. ENSURES REGULATORY COMPLIANCE 1. ENSURES REGULATORY COMPLIANCE 2. PROTECTS BUSINESS REPUTATION 2. PROTECTS BUSINESS REPUTATION 3. REDUCES FINANCIAL PENALTIES 3. REDUCES FINANCIAL PENALTIES 4. PROMOTES OPERATIONAL EFFICIENCY 4. PROMOTES OPERATIONAL EFFICIENCY 5. ENHANCES DUE DILIGENCE PROCESSES 5. ENHANCES DUE DILIGENCE PROCESSES

7. PENALTIES FOR PENALTIES FOR NON-COMPLIANCE NON-COMPLIANCE Failing to comply with anti money laundering compliance services UAE regulations can lead to severe consequences, such as: Fines ranging from AED 50,000 to AED 5 million, depending on the severity of the violation Revocation or suspension of business licenses Imprisonment for individuals responsible Freezing of business assets or accounts To avoid these risks, businesses should engage professional anti money laundering compliance services like Shuraa Tax, which provide end-to-end AML risk management and support customised to UAE regulatory frameworks.

8. Primary Anti-Money Laundering (AML) Primary Anti-Money Laundering (AML) CHALLENGES IN THE UAE CHALLENGES IN THE UAE Despite the UAE’s strong regulatory framework to combat financial crimes, several challenges persist when it comes to implementing effective Anti-Money Laundering (AML) measures: 1. COMPLEX BUSINESS STRUCTURES 1. COMPLEX BUSINESS STRUCTURES 2. BENEFICIAL OWNERSHIP TRANSPARENCY 2. BENEFICIAL OWNERSHIP TRANSPARENCY 3. HIGH VOLUME OF CROSS-BORDER TRANSACTIONS 3. HIGH VOLUME OF CROSS-BORDER TRANSACTIONS 4. REAL ESTATE VULNERABILITIES 4. REAL ESTATE VULNERABILITIES 5. CRYPTOCURRENCY RISKS 5. CRYPTOCURRENCY RISKS 6. TRADE-BASED MONEY LAUNDERING (TBML) 6. TRADE-BASED MONEY LAUNDERING (TBML) 7. LIMITED AML EXPERTISE IN SMES 7. LIMITED AML EXPERTISE IN SMES 8. EVOLVING TYPOLOGIES OF FINANCIAL CRIMES 8. EVOLVING TYPOLOGIES OF FINANCIAL CRIMES 9. INCONSISTENT COMPLIANCE ACROSS SECTORS 9. INCONSISTENT COMPLIANCE ACROSS SECTORS 10. ENFORCEMENT AND COORDINATION GAPS 10. ENFORCEMENT AND COORDINATION GAPS

9. PARTNER WITH PARTNER WITH SHURAA TAX SHURAATAX Laundering Compliance Services UAE Laundering Compliance Services UAE In today’s dynamic regulatory environment, staying ahead of financial crime risks is not optional—it’s essential. With rising enforcement, stricter audits, and increasing global scrutiny, businesses in the UAE must take a proactive approach to compliance. Shuraa Tax provides end-to-end anti-money laundering compliance services in the UAE, helping your organisation stay compliant, reduce risk, and uphold integrity. From risk assessments and policy development to customer due diligence, training, internal audits, and go AML registration, our Anti Money Laundering Consultancy Services are designed to meet the specific needs of your business. Whether you’re a financial institution, real estate company, or corporate service provider, we tailor our solutions to ensure full compliance with UAE’s AML laws and international standards.

10. CONTACTUS +(971) 44081900 shuraatax.com info@shuraatax.com 601 Sheikh Zayed Road, 6th Floor, Aspin Commercial Tower – Dubai