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Anti Money Laundering

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What are AML Compliance services?

Given the increasing regulatory requirements on Anti Money Laundering (AML) Regulations, we understand the importance of tackling gaps in existing frameworks and designing an AML Compliance program that takes into account the various organizational risks and offer forward-thinking solutions.

At MBG, we specialize in creating AML Risk Assessment frameworks advising on aspects of risk-related, finance and legal compliance matters. Our AML consulting team has helped a wide variety of clients including dealers in precious metals and stone, insurance companies, insurance brokers, exchange houses, company service providers, real estate brokers and agents in taking a proactive approach to implementing and maintaining a robust internal Anti-Money Laundering/Countering the Financing of Terrorism (“AML/CFT”) Program.

Our Project Leaders from anti-money laundering consulting services have experience in multiple sectors as well as the regulatory climate in the UAE, which enables us to translate our knowledge into practical advice and project deliverables in the form of AML policies that are tailored to your organization.

What are the Anti Money Laundering Regulations in United Arab Emirates?

  • Federal Law No. 20 of 2018 – Anti-money laundering and combating the financing of terrorism and illegal organizations
  • Cabinet Decision No (10) of 2019 – concerning the implementing regulation of decree law no. (20) of 2018 on anti-money laundering and combating the financing of terrorism  and illegal organizations
  • Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organizations – Guidelines for Designated Non-Financial Businesses and Professions

How can AML Risk Assessment be helpful for your business?

  • AML/CFT Framework including policies & procedures
  • KYC Forms and Internal reporting forms
  • Risk Assessment Matrix
  • AML CFT Training
  • Monthly/Periodic AML Compliance Review Report
  • Review of Reporting hierarchy of Compliance officer
  • Review the training calendar and if all staff have undergone training as per schedule
  • Review of STRs filed to Regulatory Authority
  • Registration on the Go AML Portal

Our Services

  1. AML Framework

Join the global fight against financial crime with our comprehensive Anti-Money Laundering (AML) Framework. In today’s interconnected world, safeguarding financial integrity is paramount for businesses, financial institutions, and regulatory bodies alike. Our AML Framework provides the robust tools and strategies necessary to detect, prevent, and combat illicit financial activities effectively.

Key Features:

  • Advanced Monitoring
  • Intelligent Alerting
  • Customizable Risk Assessment
  • Seamless Integration
  • Regulatory Compliance
  • Enhanced Due Diligence

Why Us

  • Proven Expertise
  • Global Reach

Take the first step towards fortifying your organization’s defenses against financial crime. Explore our AML Framework today and safeguard your financial integrity with confidence.

  1. Independent AML Audit

In today’s global financial landscape, the battle against money laundering and terrorist financing is more critical than ever. Regulatory authorities worldwide are intensifying their efforts to combat financial crime, placing increased pressure on financial institutions to enhance their Anti-Money Laundering (AML) strategies.

Why Us

  • Unbiased Approach
  • Customization
  • Cutting-Edge Technology
  • Comprehensive Coverage
  • Regulatory Compliance
  • Enhanced Efficiency
  • Transparency and Accountability
  1. Transaction Monitoring

In today’s interconnected world, safeguarding against financial crime is paramount for businesses across industries. Effective transaction monitoring serves as a crucial line of defense against illicit activities such as money laundering, fraud, and terrorist financing. Our cutting-edge Transaction Monitoring solution empowers your organization to proactively detect and mitigate these risks, ensuring compliance with regulatory requirements and safeguarding your reputation.

Key Benefits

  • Real-Time Detection
  • Customized Rules Engine
  • Automated Alerting
  • Regulatory Compliance

Why Us

  • Industry Expertise
  • Customization
  • Security and Reliability
  1. KYC Compliance

In today’s global business landscape, ensuring compliance with Know Your Customer (KYC) regulations is essential for building trust, mitigating risk, and maintaining a strong reputation.

At  MBG, we understand the importance of KYC compliance in safeguarding your business and your customers. Our comprehensive KYC solutions offer the tools and expertise you need to streamline customer onboarding, enhance due diligence processes, and stay ahead of regulatory changes.

Key Benefits

  • Enhanced Risk Management
  • Regulatory Compliance
  • Streamlined Onboarding
  • Comprehensive Due Diligence
  • Real-time Monitoring
  • Scalable Solutions
  • Data Security

Why Us

  • Expertise
  • Innovation
  • Customer-centric Approach
  • Global Reach

Contact us today to learn more about our KYC compliance solutions and take the first step towards a secure future for your business.

Explore more Risk Advisory services:

Account Reconciliation

Corporate Governance Services

Revenue Assurance Services

Business Health Check

Accounting Advisory Services- IFRS Implementation

Accounting Review Services

Forensic Investigation and Review

Business Continuity Planning (BCP)

Enterprise Risk Management

Physical Verification Services

Internal Control Over Financial Reporting (ICFR)

Standard Operating Procedure

Internal Audit

What can we help you achieve?

Stay one step ahead in a rapidly changing world and build a sustainable future with us.

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