Webinar on Anti Money Laundering Law – UAE (updates) – AML  –  Conducted by Premier Brains

This webinar was conducted on 30 August 2021

Please watch the recording below.

The session covers below topics,

– AML Background

– How GoAML works

– Who are required to register for AML (FI, DNFBPs, Regulatory Authorities, NPSs)

– Compliance requirements for registered persons – Client onboarding process

– Customer Due Diligence and AML policy manuals

– DNFBP and Mitigating Financial Crime Risk

– How to deal client enquiries post filing of Suspicious Transaction Reporting

– UAE Risk Assessment Outreach Program (National Risk Assessment, Target Financial Sanctions Risk Assessment)

– AML High Risk Sectors (Gold & Precious Metals sector, Real Estate)

– AML Return Filing for DNFBPs

– AML Penalties