Genuine Independence, Not a Rubber Stamp
A third party audit only has value if the auditor genuinely had no role in building the framework being tested, that independence is the entire point.
Why Independence Matters
Some regulatory frameworks specifically require the auditor to have had no role in designing the AML program being tested, to ensure an unbiased external aml audit.
What We Test
Our independent aml audit tests your framework against DFSA, FSRA and federal AML requirements, the way a regulator would.
Audit Reporting and Follow-Up
You receive a formal regulatory audit report suitable for regulator submission, along with a prioritized remediation plan.
- ✓ Genuinely independent, third party review
- ✓ Testing against DFSA, FSRA and federal AML requirements
- ✓ Formal audit report suitable for regulator submission
- ✓ Prioritized remediation recommendations
- ✓ Support through any regulator follow-up
An Audit Report You Can Actually Submit
Our independent aml audit produces documentation formatted for regulator submission, not an internal memo that needs to be reworked before anyone outside the company sees it.
What Makes an AML Audit Genuinely Independent
Independence is a specific, testable standard, not just a marketing claim. Here is what it actually requires.
A genuinely independent aml audit requires the auditor to have had no hand in writing the policy, building the risk assessment, or configuring the monitoring system being reviewed.
Frequency depends on your regulator and license category, but annual or biennial independent aml audit cycles are common expectations across UAE regulatory frameworks.
3 Common Independent Audit Mistakes
These are the mistakes we see most often around independent audit requirements.
Treating an internal compliance review as equivalent
- Treating an internal compliance review as equivalent to a formal independent aml audit when a regulator specifically expects the latter.
Delaying the audit
- Delaying the audit until close to a regulator deadline, leaving no time to act on findings.
Using the same firm that built the AML framework
- Using the same firm that built the AML framework to also conduct the independent aml audit, undermining the independence requirement entirely.
How We Conduct Your Independent Audit
Independence Confirmation
We confirm we have had no prior role in your existing AML framework.
Framework Testing
We test policies, monitoring and reporting against your applicable rulebook.
Formal Report
We deliver a regulator-ready independent aml audit report.
Remediation Support
We support implementation of any required follow-up actions.
