MLRO Services for DIFC and ADGM

Development and Implementation of AML/CFT Policies and Procedures: We design and implement tailored AML/CFT frameworks, policies, and procedures that align with the specific requirements of your business and the relevant regulations.

Ongoing Monitoring and Surveillance: We establish and maintain robust systems and controls for the ongoing monitoring of transactions and activities to detect and prevent suspicious conduct.

Suspicious Activity Reporting (SAR) / Suspicious Transaction Reporting (STR): Our MLROs are responsible for receiving, investigating, and, where necessary, reporting suspicious activities and transactions to the relevant authorities (DFSA, FSRA, and FIU) in accordance with regulatory guidelines.

Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD):  We oversee the implementation and execution of your CDD and EDD processes, ensuring proper verification and risk assessment of your clients.

Risk Assessments: We conduct regular AML/CFT risk assessments specific to your business activities and risk profile within the DIFC/ADGM environment.

Employee Training and Awareness:  We assist in developing and delivering effective AML/CFT training programs to ensure your staff understand their obligations and can identify and report suspicious activity.

Liaison with Regulatory Authorities: Our MLROs act as the primary point of contact for the DFSA, FSRA, and FIU, managing communication and facilitating inspections or inquiries.

Maintaining Necessary Registers and Records:  We ensure all required AML/CFT registers and records are accurately maintained and readily available for regulatory review.

Advising on Regulatory Updates: We keep you informed of changes in AML/CFT laws and regulations in DIFC, ADGM, and the wider UAE, advising on the necessary adjustments to your compliance program.