AML compliance refers to adhering to laws and regulations designed to prevent money laundering and the financing of terrorism. It involves implementing internal policies, conducting customer due diligence, and reporting suspicious activities. Non-compliance can result in heavy fines and legal consequences.

Failure to comply with AML regulations can result in fines ranging from AED 50,000 to AED 5 Million. In some cases, businesses may face stricter penalties, such as suspension of operations or even criminal prosecution.

The time needed to fully implement AML compliance depends on the size and complexity of your business. Typically, it takes between 2 to 4 weeks to complete all necessary assessments, documentation, and policy development. We work quickly to minimize delays and ensure full compliance.

Businesses in the following sectors must comply with UAE's AML laws:
- Banks and financial institutions
- Real estate developers, brokers, and agents
- Law firms, auditors, and accountants
- Dealers in precious metals and gems
- Cryptocurrency and virtual asset service providers
If your business falls within any of these categories, AML compliance is a legal requirement.

We offer a comprehensive suite of services, including AML risk assessments, policy development, KYC management, staff training, and ongoing compliance monitoring. Our goal is to ensure your business stays compliant with minimal disruption.

The cost of AML compliance services varies depending on your business’s sector and size. We offer flexible, customized pricing packages to suit businesses of all sizes. Contact us for a personalized quote tailored to your needs.