Dubai businesses must reassess their AML programs in light of recent UAE-wide reforms that strengthen government oversight, expand scope for designated non-financial businesses, increase requirements for customer due diligence and suspicious transaction reporting, and raise expectations for governance, record-keeping, and senior‑level accountability. Describe the specific changes your organisation has already implemented, the gaps you still face, and the practical challenges of meeting new reporting, KYC, and virtual-asset related obligations.
Follow-up prompts to encourage detail
- List the three most significant AML rule changes that affected your operations and the date each came into force.
- Explain how your customer due diligence, enhanced due diligence, and PEP screening processes were updated.
- Describe any changes to your transaction monitoring, STR filing procedures, and record-retention timelines.
- Share how you trained staff and updated governance to meet new MLRO or compliance officer expectations.
- Outline remaining compliance gaps, resource needs, or regulatory uncertainty you’d like help with.
For a practical compliance checklist, tailored risk assessment, and step-by-step remediation plan for Dubai businesses, click http://www.thevistacorp.com..