Gold sourcing controls to be implanted in UAE’s AML Laws
Traders have been flocking to the United Arab Emirates for almost a century in quest of commodities and gold.
M&A demand is expected to flourish in UAE’s Healthcare
The healthcare industry in the UAE has grown dramatically over the last decade, as indicated by the increasing number of hospitals and clinics around the nation.
AML/CFT Fresh Guidance issued by UAE Central Bank
The Central Bank of the UAE (CBUAE) has issued fresh anti-money laundering and counter-terrorist financing (AML/CFT) guidelines to Registered Hawala Providers
Preventing Financial Fraud – Ensure your organisation is protected
According to the Federal Trade Commission (FTC), in 2019 a reported $1.9 billion was lost to financial fraud, and that represented an increase of over 15% from the previous year.
The need for Due Diligence in Mergers and Acquisition
COVID-19 has affected most SME business sectors in 2020 and current year 2021. The impact of the pandemic still exists in current market
AML and CFT Registration deadline in UAE Extended till April 30
The Ministry of Economy has extended the deadline for registration of AML and CFT till the end of April for “Designated Non-Financial Businesses and Professions” (DNFBP`s).
Process Mapping and its Importance in ERP Implementation
Process Mapping means flowcharting the critical business processes using a more hierarchical approach. Business Process Mapping is a framework,
UAE Extends Anti-Money Laundering (AML) Compliance date for selected Businesses
As an attempt to control the financial crimes that are on the rise, the UAE Ministry of Economy has extended the period for the businesses
Handling Conflict of Interests in Engagements
While conducting engagements, it is imperative to avoid any kind of conflict of interest that can hamper our objectivity. A conflict of interest can arise