AML-RELATED SERVICES

Our Corporate Consultancy Services are designed to empower businesses with strategic insights and professional guidance for sustainable growth. We assist in preparing detailed project feasibility reports and information memorandums to support investment and decision-making.

AML Policy & Framework Development Service

We help Designated Non-Financial Businesses or Professions (DNBPs) establish a robust AML policy framework based on a risk-based approach, approved by senior management

Customer Due Diligence (CDD) / Enhanced Due Diligence (EDD)

Our KYC compliance services include CDD for standard checks, EDD for high-risk customers, UBO verification, and sanctions/PEP screening to ensure proper identification and risk assessment.

Transaction monitoring & suspicious activity detection

We continuously monitor financial transactions to detect suspicious activities such as money laundering or fraud, ensuring compliance, managing risks, and protecting your organization’s

STR (Suspicious Transaction Report) Filing via goAML

Confirmed suspicious transactions are reported to regulators through STRs or SARs, ensuring timely and accurate regulatory compliance.

Staff Training & Awareness Programs Services

We provide AML training on KYC/CDD, red flags, transaction reporting, and internal controls for UAE financial institutions and DNFBPs.

Professional Support for Inspection Processes

Our experts assist businesses during AML inspections, ensuring compliance, preparing documentation, and helping implement robust AML frameworks.

Targeted Financial Sanctions (TFS) Compliance

We support continuous screening of customers and transactions against sanctions lists, freezing assets when necessary, reporting to authorities, and training staff to meet UAE.

Independent AML Audit & Compliance Review

We conduct thorough AML audits and compliance reviews to assess policies, procedures, and controls, identify weaknesses, and provide actionable recommendations for improvement.

AML Policy & Framework Development

A Designated Non-Financial Business or Profession (DNBP) must establish a robust Anti-Money Laundering (AML) policy framework based on a risk-based approach, which is approved by senior management/the board.

Customer Due Diligence (CDD) / Enhanced Due Diligence (EDD)

KYC (Know Your Customer) compliance ensures proper verification of customer identity and risk assessment. It includes CDD (Customer Due Diligence) for standard checks, EDD (Enhanced Due Diligence) for high-risk customers, UBO (Ultimate Beneficial Owner) verification, and sanctions/PEP screening to prevent illicit activities.

Customer Due Diligence (CDD) / Enhanced Due Diligence (EDD)

Customer Due Diligence (CDD) / Enhanced Due Diligence (EDD)

Transaction Monitoring & Fraud Detection

Transaction Monitoring & Fraud Detection

Sanctions & PEP Screening

Sanctions & PEP Screening

Independent AML Audit & Compliance Review

An AML audit and compliance review is a thorough, objective assessment of a company's AML program to ensure it meets regulatory requirements and effectively prevents financial crime. The process involves examining policies, procedures, and controls, such as customer due diligence (CDD), transaction monitoring, and staff training, to identify weaknesses and provide recommendations for improvement.

Record Keeping & Retention (5 years minimum)

Record Keeping & Retention (5 years minimum)

Risk-Based Approach (Enterprise & Customer Risk Assessments)

Risk-Based Approach (Enterprise & Customer Risk Assessments)

Targeted Financial Sanctions (TFS) Compliance

Targeted Financial Sanctions (TFS) compliance in the UAE requires businesses to continuously screen customers and transactions against national and international sanctions lists and immediately freeze any identified assets. Businesses must report freezing actions to authorities, maintain comprehensive records and regularly train employees to ensure compliance with UAE and international regulations, such as the UAE’s AML/CFT laws and UNSC resolutions. Non-compliance can lead to severe penalties, including significant fines, imprisonment and reputational damage.

STR (Suspicious Transaction Report) Filing via goAML

Transaction monitoring is the ongoing review of financial transactions to identify suspicious activities like money laundering or fraud. Confirmed suspicious activities are reported to regulators through a Suspicious Transaction Report (STR) or Suspicious Activity Report (SAR).

Staff Training & Awareness Programs

AML staff training programs in the UAE are mandatory for financial institutions and Designated Non-Financial Businesses and Professions (DNFBPs) and must cover the UAE's specific legal framework. These programs generally focuses on topics like KYC/CDD, identifying red flags, reporting suspicious transactions and implementing internal controls.

Professional Support for Inspection Processes

As part of AML inspection assistance, we help businesses prepare for inspections, ensure compliance and implement robust AML frameworks. Allow our AML experts to assist you during the inspections!

Frequently Asked Questions (FAQ)

The Golden Visa is a long-term (5 or 10 years) residence visa that does not require a sponsor. Eligibility criteria include investors (e.g., real estate investment of AED 2 million or more), entrepreneurs with certain project values, exceptional talents, and high-level professionals (typically with a salary of AED 50,000+).

Yes. Once your own Investor or Employee Visa is processed, you are generally eligible to sponsor your immediate family, including your spouse and dependent children, through our Dependent Visa Processing service, provided you meet the minimum salary and housing requirements.

You will require a Visa Cancellation service. We handle the process of formally cancelling the residency permit with the relevant authority (ICP/GDRFA) to ensure a smooth transition, which must be completed within a grace period to avoid penalties.

Attestation is a legal process that verifies the authenticity of a seal and signature on a document. MOFA (Ministry of Foreign Affairs) attestation is the final step to make a document issued outside the UAE (or a UAE document for use abroad) legally valid within the country. Embassy attestation is often the necessary step before MOFA.

This process involves appointing a lawyer, drafting the will (which may need to be bilingual), and formally registering it with the Dubai Courts or DIFC Wills Service Centre. We facilitate the entire process, ensuring your assets are protected and your will is legally recognized in the UAE.

The duration varies depending on the document’s country of origin and the number of steps required (Notary Public, Home Country MOFA, UAE Embassy, and UAE MOFA). Typically, the UAE MOFA step takes 1-3 working days once the document is in the country, but the full end-to-end service can take longer.

Ready to Begin?

Contact us today for a confidential consultation on the best entry strategy for your business.

Let's discuss your project

Office Address

AMSRI Consulting LLC 301A, Nakheel Building, Opposite Karama Post Office, Zabeel Road, Karama, Dubai

Phone Numbers

+971 52 259 3412

Email Addresses

mnakshi@amsri.ae