AML Compliance

The Law

Federal Decree by Law No. (20) of 2018 on Anti Money Laundering and Combating the Financing of Terrorism and Illegal Organizations

Executive Regulation

Cabinet Decision No. (10) of 2019 Concerning the implementing regulation of decree law no. (20) of 2018 on anti- money laundering and combating the financing of terrorism and illegal organizations

Decisions

Cabinet Resolution No. 109 of 2023 Regarding the Regulation of Procedures for the Ultimate Beneficiary

Decisions

Cabinet Resolution No 53 of 2021 Concerning the Administration Penalties

DNFBPs Guidance

Guidance available for the Designated Non-Financial Businesses and Professions (Auditors, Dealers in Precious Metals and Stones, Real Estate, Trust and Company Service Providers) on Ministry of Economy portal

Decisions

Cabinet Resolution No (74) of 2020 regarding the Terrorism Lists Regulation and Implementation of UN Security Council Resolutions on the Suppression and Combatting of Terrorism, Terrorist Financing, Countering the Proliferation of Weapons of Mass Destruction and its Financing, and Relevant Resolutions.

SRTI Park Accredited Audit Firms

As part of our ongoing commitment to compliance with the directives established by the Ministry of Economy and the UAE National Anti-Money Laundering and Combatting Financing of Terrorism and Financing of Illegal Organizations Committee, the Compliance Department has implemented stringent measures to adhere to regulatory guidelines and standards strictly.
As part of this initiative, compliance has authorized specific companies to submit their audit reports for renewal and compliance.
Only the following firms have been granted authorization, and SRTI Park only accepts their audit reports for the renewal of the companies registered at SRTI Park, starting from 15 January 2024.