Implementing a robust Compliance and Risk assessment program across your business is gaining importance as stricter regulations against money laundering and terrorist funding are being imposed globally as well as by the governing bodies within the United Arab Emirates. With increasingly complex compliance requirements, it has become challenging to remain compliant with ever-changing regulations.
Moreover, the regulatory environment for Anti Money Laundering (AML)/Combating the Financing of Terrorism (CFT) is getting more complicated. Therefore, it is more critical to conduct compliance carefully. This can be done only when you have the right kind of expertise and advice from knowledgeable Compliance Specialists who can ensure your business is protected from all attributes of Money Laundering, Terrorist Financing, and other Compliance risks.
Additionally, it is important to adopt a Risk-based approach while drafting the Compliance Program that can be applied across the Organization. Assessing money laundering/financing terrorism risks and deciding on the right tools and techniques for mitigating these risks can be a significant challenge. Moreover, the regulatory environment for Anti Money Laundering (AML)/Combating the Financing of Terrorism (CFT) is getting more complicated. Therefore, it is critical to conduct compliance carefully with the right kind of expertise and advice from knowledgeable Compliance Specialists who can ensure your business is protected from all attributes of Money Laundering, Terrorist Financing, and other Compliance risks.
Certain categories of companies are facing immense pressure to comply with the said regulations. Whether administrating an urgent issue or addressing compliance on a large scale, businesses must ensure that their Compliance Program is well-defined to combat any risks related to Terrorist Financing and Money Laundering and is in line with the requirements from the Regulatory bodies.
We also choose our network of international lawyers carefully, and in this regard, we have a growing partnership in Europe, North Africa, the Middle East, and Asia.
As part of day-to-day operations in an organization, companies need to obtain and process vital information that is handled at various levels. This information comprises highly vulnerable customer information, which can make the customers identifiable through sensitive data such as their names, addresses, digital footprints, photographs, social security numbers, and financial data.
Federal laws across the world are implemented to set in place many legislations that help us protect the data and the privacy of the people and the companies that we deal with.
Our Compliance Consultants who are experts in this field can help you in securing your data by drafting stringent policies based on all relevant Local and Federal laws. These policies will ensure your corporate data is collected in such way that they:
