# UAE AML/CFT: UAE anti-money laundering and counter-terrorist financing framework

> AML/CFT obligations for UAE financial institutions and designated non-financial businesses, including goAML reporting.

URL: https://securei3.com/standards/uae-aml/
Category: GCC regulations: Law or regulation
Provider: Secure iQube (independent consultancy; ISO certificates are issued by accredited certification bodies; SOC and ISAE reports by licensed CPA and audit firms, which Secure iQube can arrange through partner firms)


UAE AML/CFT legislation and its implementing Cabinet decisions require financial institutions and designated non-financial businesses and professions (DNFBPs) (such as real estate agents, dealers in precious metals and stones, and corporate service providers) to perform risk assessments, customer due diligence, sanctions screening, ongoing monitoring and suspicious transaction reporting to the UAE Financial Intelligence Unit through goAML.

We build risk-based AML/CFT programmes, enterprise-wide risk assessments, policies and training, and run independent AML reviews.

## Who it is for

- Banks, exchange houses and payment providers
- DNFBPs: real estate, precious metals, corporate services, auditors
- Virtual asset service providers

## Benefits

- Supervisor-ready AML programmes
- Consistent goAML reporting
- Effective sanctions screening

## How Secure iQube helps

1. **Applicability and scoping**: Confirm whether and how the law applies to you, entities, data, systems, roles and territories.
2. **Data and process mapping**: Build a record of processing or control inventory so obligations can be tied to real systems and owners.
3. **Gap assessment**: Measure current practice against each obligation and rank the gaps by legal and business risk.
4. **Remediation roadmap**: Policies, notices, contracts, technical controls and governance, sequenced so the highest risks close first.
5. **Evidence and ongoing monitoring**: A compliance calendar, metrics and periodic reviews so you can demonstrate compliance to a regulator or customer at any time.

## Frequently asked questions

### Who supervises DNFBPs in the UAE?

Supervision depends on the business type and jurisdiction, for example the Ministry of Economy for many mainland DNFBPs, with financial free-zone regulators supervising their own firms.

Related: https://securei3.com/standards/aml-cft-programme/, https://securei3.com/standards/sanctions-compliance/, https://securei3.com/standards/fatf-recommendations/

Contact: https://securei3.com/contact/: info@securei3.com