Services we provide
AML Compliance Services UAE
In today’s dynamic financial environment, protecting your business against money laundering and financial crime is not optional—it is essential. The UAE enforces some of the most advanced Anti-Money Laundering (AML) regulations globally, and non-compliance can lead to severe fines, suspension of licenses, or even legal action.
At KVGC, we deliver comprehensive AML compliance services in the UAE designed to safeguard your organisation. From financial institutions and real estate developers to law firms, gold traders, and corporate service providers, our AML advisory ensures your business meets both UAE and international regulatory benchmarks effectively.
What are AML Compliance Services?
AML compliance services provide businesses with systems and processes to identify, monitor, and report suspicious financial activity. These services cover policy creation, client verification, transaction oversight, employee training, and official reporting to the UAE Financial Intelligence Unit (FIU).
Our AML Compliance Services in UAE
- Risk Profiling & Policy Frameworks – Assessing business risks and designing customised AML procedures and internal controls.
- KYC & Customer Due Diligence – Verifying client identities, applying Enhanced Due Diligence (EDD) for high-risk categories, and continuous monitoring.
- Transaction Oversight & Reporting – Monitoring financial activity and submitting Suspicious Transaction Reports (STRs) via the goAML platform.
- Workforce Training – Educating your employees on AML best practices and regulatory updates.
Who Needs AML Compliance in UAE?
AML regulations apply to a wide range of entities in the UAE, including:
- Financial institutions & money exchange houses
- Property & real estate developers
- Gold, diamond, and jewelry businesses
- Corporate and business service providers
Why AML Compliance is Critical
- Comply with UAE Federal Decree-Law No. (20) of 2018 & Cabinet Decision No. (10) of 2019
- Prevent regulatory fines from AED 50,000 up to AED 5 million
- Enhance your reputation and build client confidence
AML Challenges in the UAE
Businesses in the UAE often struggle with issues such as complex ownership networks, large-scale international transactions, vulnerabilities in real estate, rising crypto risks, and limited internal compliance expertise. KVGC helps bridge these gaps with advanced tools, experienced consultants, and industry-focused strategies.
Why Choose KVGC?
- Skilled AML specialists with deep knowledge of UAE and international frameworks
- Bespoke compliance programs tailored to your industry
- Full-cycle support from policy creation to goAML reporting
Partner with KVGC to secure your business from financial crime and regulatory risks. Our robust AML compliance services guarantee transparency, credibility, and long-term trust in the UAE’s competitive business ecosystem.
Frequently Asked Questions
Banks, exchange houses, real estate firms, precious metal traders, auditors, law firms, corporate service providers, and cryptocurrency businesses must comply with AML regulations.
The UAE Central Bank, Ministry of Economy, Financial Intelligence Unit (FIU), Dubai Financial Services Authority (DFSA), and Abu Dhabi Global Market (ADGM) regulate AML compliance.
Fines range from AED 50,000 to AED 5 million, along with possible license suspension, asset freezing, and even imprisonment for responsible individuals.
goAML is an online reporting system developed by the UNODC and used by the UAE’s FIU to receive suspicious transaction reports (STRs). Businesses must register and report through this platform.
AML compliance protects businesses from being misused for illegal activities, ensures regulatory compliance, prevents heavy fines, and enhances credibility with clients and investors.
Shuraa Tax provides risk assessments, policy frameworks, KYC and due diligence support, staff training, internal audits, and assistance with goAML registration and reporting.