How AML Compliance Services Can Prevent Costly Fines and Penalties
Anti-Money Laundering (AML) regulations in the UAE have become increasingly stringent in recent years, particularly for financial institutions and DNFBPs (Designated Non-Financial Businesses and Professions) such as real estate companies, gold & jewellery dealers, and corporate service providers. Failure to comply with these regulations doesn’t just risk reputational damage—it can result in significant regulatory fines,