Independent yearly review of your entire AML/CFT framework to verify it is operating effectively — identifying weaknesses, documenting findings, and keeping your compliance practices current with evolving UAE regulations.
What's included
Independent scope and planning
Testing of policies, controls and reporting
Sample-based file and transaction review
Effectiveness assessment of the framework
Formal documented findings report
Corrective-action recommendations
Frequently Asked Questions
Is an annual AML audit required in the UAE?
Regulated entities are expected to subject their AML/CFT program to independent testing on a regular basis. An annual independent audit is the standard way to demonstrate this.
Who can perform the audit?
An independent party with AML expertise that is separate from the day-to-day compliance function, which is exactly the independence an external specialist provides.
What is delivered?
A formal audit report documenting scope, testing performed, findings, severity and recommended corrective actions.
