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Combatting Money Laundering and Financial Crimes-

Cause That’s What We Do The Best

With having white collar crimes as our main subject of legal advisory and litigation, our team of lawyers have seen it all. The complications pertaining to financial crimes and its intricacies related to Anti-Money Laundering and Countering the Financing of Terrorism.

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We do provide services to

Banks

EMI

Corporates

Payment Service
Provider

Blockchain Projects
(Web3.0, NFT, Exchanges, OTC)

Forex Trading
Companies

What is Anti-Money Laundering (AML)?

Anti-Money Laundering (AML), often known as anti-money laundering, is the process of carrying out transactions in order to transform unlawfully obtained funds into legal funds. Although your organization follows the standards, this does not imply that your partners and business associates follow the same AML compliance requirements as you. You bear the risk, especially in international commerce, that the businesses or persons with whom you do business are not in accordance with the government's anti-money laundering legislation. Due diligence investigations on your partners, suppliers, and customers are consequently critical.

Our AML/CFT Compliance Services Across The Globe

Our corporate presence along with our close associate law & legal consultancy firm in UAE, Europe, Singapore, India, USA, UK, Mauritius, Malta, Spain we ensure our clients that our services will be available to them in any corner of the world. We have something that traditional lawyers do not have. We possess knowledge related to the regulatory norms of multiple jurisdictions which makes it easier and convenient for multinational companies to work with us.

AML/ CFT Compliance in UAE

Financial institutions and businesses are under enormous pressure to comply with AML laws. Whether dealing with an immediate situation or dealing with compliance on a big scale, the company must devise a comprehensive plan to counteract the risk of non-compliance with local and international regulations.

Compliance with local and international AML regulations is not voluntary; rather, it is mandatory. Certain regulations may not directly support corporate growth, and balancing the two may be challenging. This is where we come in.

Finjuris Counsel FZ-LLC offers a wide range of services related to AML and CFT compliance. Our expertise, knowledge, and industry experience provide value to every service we provide to our clients. Our Anti-Money Laundering (AML) specialists, compliance specialists, financial analysts, technology enthusiasts, economists, regulators, strategic decision-makers, and law enforcement officials guarantee that you receive excellent AML advisory services throughout your AML journey.

We assist our clients in the UAE with the required Anti-Money Laundering services to help them attain a better level of AML compliance, using our competence in compliance, AML policies and processes, risk management, and KYC regulations. Our AML Experts are committed to making your AML compliance journey smooth, effective, and efficient. Our objective is to ensure your AML compliance so that you may focus on your goals of expanding your business potential.

Our Services Include

Drafting and Documentation of AML Procedures and Polices
Review and Updating Existing AML Policies
Legal Compliance and Regulatory Assistance
KYC and Customer Due Diligence Services
Business Risk Assessment and Risk Profiling
In House AML Compliance
Health Check related to AML and CFT
Registering in GoAML Portal

Why choose us?

The most significant advantage of working with Finjuris is having access to AML professionals that have vast expertise in AML consulting services, as well as industry thought leaders who provide value to your AML compliance with worldwide best practices in AML-related challenges.

As international lawyers in the field of white-collar crimes, our knowledge is not only limited to one jurisdiction but the entire global regulatory law, something that most AML services providers lack.

Our AML consulting services are custom made to assist clients from every business type, at any point of the AML lifecycle, and of any size in efficiently managing the risks of financial crime.

Our Anti-Money Laundering Consultants stay up to date on any changes to AML and CFT regulations and interpret the government's or regulators' expectations of our clients so that we can provide our clients with relevant AML consulting services at the right time, keeping them ahead of their competitors in terms of AML compliance.

We assist the most complicated business structures across the globe with their regulatory obligations, be it in the forex industry or the crypto industry.

Start your journey towards the road of compliance and protect yourself from legal hindrances with our competent team of experts.

FAQs

Money laundering is the process of disguising the illegitimate source of criminal gains. The gathering or supply of finances for terrorist activities is referred to as terrorist funding. Money laundering always involves monies of unlawful origin, but terrorist funding might involve cash from both legal and illicit sources. The major objective of persons or institutions participating in terrorist financing is therefore to conceal not just the source of the money, but also the funding activity and the nature of the supported action. Money laundering and terrorism funding both employ similar strategies.
Financial institutions must conduct stringent Customer Due Diligence (CDD) and maintain a high level of transparency in order to successfully combat money laundering and terrorism funding. When establishing a commercial partnership or preparing a specific cash transaction in excess of a set amount, CDD must be used. CDD should also be used when financial institutions suspect money laundering or terrorism funding.
The primary law that organizations in the UAE must follow is 'Federal Law No. 20 of 2018, on Anti-Money Laundering and Combating Terrorist Financing and Funding of Illegal Organizations'. A crucial regulation is the implementing regulation 'Cabinet Decision No. 10 of 2019 about the implementing regulation of Decree-Law No. 20 of 2018. Furthermore, various recommendations have been developed to help financial institutions and designated non-financial companies and professions (DNFBPs) in complying with the primary legislation.

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