AML/CTF Compliance Audits
Mitigating Risks Associated with Money Laundering and Terrorism Financing.
AML/CTF Compliance Audits
Mitigating Risks Associated with Money Laundering and Terrorism Financing.
Overview
Our AML/CTF audit services ensure your policies, procedures, and controls meet the stringent UAE regulatory requirements. We identify compliance gaps, assess risks, and advise on strengthening your framework to protect your business.
Strengthening Your AML/CTF Framework
Independent Policy Review
An independent review of your AML/CTF policies and procedures to ensure they are robust and up-to-date.
Customer Due Diligence Testing
We test the effectiveness of your customer due diligence (CDD) and know your customer (KYC) processes.
Transaction Reporting Verification
Verification of your suspicious transaction reporting (STR) systems and processes to ensure compliance.
Actionable Recommendations
We provide clear, actionable recommendations for remediation to address any identified compliance gaps.
Our Audit Process
Planning & Risk Assessment
We begin by gaining a deep understanding of your business and identifying key areas of risk.
Control & Substantive Testing
We test the effectiveness of your internal controls and perform detailed substantive procedures on transactions and balances.
Reporting & Insights
We issue our independent audit report and provide a management letter with valuable insights and recommendations.